Campbell Resources Inc/New · 6-K · For 11/2/04 · EX-99.1

Filed On 11/3/04 9:50am ET   ·   SEC File 1-08488   ·   Accession Number 909567-4-1532

Report of a Foreign Private Issuer   ·   Form 6-K
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Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Report of a Foreign Private Issuer                     4      8K 
 2: EX-99.1     Miscellaneous Exhibit                                  3     24K 

EX-99.1   ·   Miscellaneous Exhibit
Exhibit Table of Contents

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[CAMPBELL LOGO]           CAMPBELL RESOURCES INC.                               

 PRESS RELEASE
 For immediate release

 ENCOURAGING RESULTS FROM DIAMOND DRILLING PROGRAM
AT THE COPPER RAND MINE.

MONTREAL, NOVEMBER 2ND, 2004 - CAMPBELL RESOURCES INC. ("CAMPBELL") (TSX-CCH,   
OTCBB-CBLRF) is greatly encouraged by results obtained from the definition      
drilling program currently underway at the Copper Rand Mine, property of        
Corporation Copper Rand Inc. and in which Campbell holds a 76% interest.        

As of October 1st, 59 diamond drilled holes totalling 28,340 feet were completed
between levels 4610 and 4830 (see details attached). The various geological     
characteristics, including copper and gold grades as well as ore thickness along
the veins of Horizon-1, confirm results obtained in the exploration program     
completed in 1996-97.                                                           

Preliminary evaluation based on definition drilling results (grid of 50' x 50') 
indicate that 672,000 short tons of ore grading an average of 2.37% Cu and 0.065
oz Au/tc are available for mining between levels 4610 and 4830. For comparison  
purposes, the results which served as a base for the feasibility study of the   
Copper Rand 5000 project indicated, for Horizon-1, for the same levels spacing, 
resources totalling 402,200 short tons grading an average of 2.19% Cu and 0.069 
oz Au/tc. Current preliminary results therefore indicate a 67% increase in      
available tonnage for this area of the mine as well as higher metal content for 
both copper and gold (67% and 57% respectively) compared to initial results.    

According to Andre Fortier, president of Campbell Resources Inc.: "We were      
always confident that the Copper Rand deposit would be an economically feasible 
operation and the current results substantially exceed initial forecasts."      

The Copper Rand 5000 project was initially based on resources (measured and     
indicated) estimated at 1.9 million short tons grading an average of 1.55% Cu   
and 0.097 oz Au/tc between levels 4030 and 5030 (ref.: Campbell Resources Inc.  
2003 Annual Report - page 9 - Reserves and mineral resources). Mineralization at
the Copper Rand Mine is comprised of multiple veins grouped along two distinct  
horizons (Horizon-1 and Horizon-2) known as the Hanging-Wall Zone. To date, only
a portion of Horizon-1, between levels 4610 and 4830, has been covered by the   
current drilling program.                                                       

The definition drilling program will continue throughout the year to outline the
various existing veins.                                                         

Development work is progressing normally. In October, progression on two levels 
of cross-cuts and drifts allowed for the extraction of more than 1,000 short    
tons of ore. Final testing and calibration of the 4000-foot conveyor are nearly 
completed. The conveyor should be operational in early November. At the mill,   
the crushing circuit is functional and testing of the grinding circuit is       
underway. The first tons of concentrate will be delivered in the second half of 
November. Production will then gradually increase to full commercial level by   
January 2005.                                                                   

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Campbell Resources is a mining company focusing mainly in the Chibougamau region
of Quebec, holding interests in gold and gold-copper exploration and mining     
properties.                                                                     

The technical parameters used are similar to those described in the 2003        
Campbell Resources Annual Report (Reserves and mineral resources). However, for 
the October 2004 evaluation, the polygon method was used compared to the bloc   
method in 1996-97. In the current context and based on identical data the use of
either method will not significantly alter tonnage and grade estimates.         

Qualified person                                                                

All work carried out by the personnel of Campbell Resources, was done so under  
the supervision of Qualified Persons. Work on Copper Rand was supervised by     
Linda Desjardins, geol., Chief geologist. Madame Desjardins is a qualified      
person as defined by National Instrument 43-101. He has 16 years of experience  
in mining.                                                                      

Assay Procedures                                                                

Samples from half of the split core were sent to our laboratory in Chibougamau, 
Quebec for gold and copper assaying. The samples were ground to better than 70% 
-200 mesh. A representative, 100 to 250 gram split of the -10 mesh fraction was 
pulverized to better than 85% - 200 mesh and homogenized. A 5-gram split of the 
pulp was assayed by atomic absorption. Check-assays were conducted on the       
rejects (14.58 gram) using fire assay for samples assaying greater than 3.45 g/t
Au (0.100 opt Au), and with gravimetric finish for those assaying greater than  
10 g/t Au (0.292 opt Au).                                                       

Portions of the original pulp of samples within the mineralized zone will be    
sent to a second, independent laboratory for additional check-assaying.         
Standards were included with the sample batches sent to the laboratory as an    
integral part of the quality control program. The other half of the split core  
is held at the Joe Mann Mine core shack for future reference.                   

Forward-Looking Statements                                                      

Certain information contained in this release contains "Forward-Looking         
Statements" within the meaning of the Private Securities Litigation Reform Act  
of 1995 and is subject to certain risks and uncertainties, including those "Risk
Factors" set forth in the Campbell's current Annual Report on Form 20-F for the 
year ended December 31, 2003. Such factors include, but are not limited to:     
differences between estimated and actual mineral reserves and resources; changes
to exploration, development and mining plans due to prudent reaction of         
management to ongoing exploration results, engineering and financial concerns;  
and fluctuations in the gold price which affect the profitability and mineral   
reserves and resources of Campbell. Readers are cautioned not to place undue    
reliance on these forward-looking statements, which speak only as of the date   
hereof. Campbell undertakes no obligation to release publicly any revisions to  
these forward-looking statements to reflect events or circumstances after the   
date hereof or to reflect unanticipated events or developments.                 

- 30 -

FOR MORE INFORMATION:                                                           

                                                        · Enlarge/Download Table
                                                                                                                   
CAMPBELL RESOURCES INC.                               Renmark Financial Communications Inc.                        
Andre Fortier, President and Chief Executive Officer  Henri Perron, hperron@renmarkfinancial.com                   
Tel.: 514-875-9037                                    John Boidman, jboidman@renmarkfinancial.com                  
Fax: 514-875-9764                                     Media : Cynthia Lane-Filiatrault : clane@renmarkfinancial.com
afortier@campbellresources.com                        Tel.: 514-939-3989                                           
www.campbellresources.com                             Fax: 514-939-3717                                            
                                                      www.renmarkfinancial.com                                     

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ANNEXE 1

THE FOLLOWING TABLE RESUMES THE BEST UP-TO-DATE RESULTS:                        

                                                                · Download Table

 HOLE #       TARGET       CU (%)  AU (OZ/TC)  CORE LENGTH. (FT.)  HORIZON 
-------  ----------------  ------  ----------  ------------------  ------- 
                                                                           
469R1       level 4730      4.11      0.313           13.1           1-4   
469R1       level 4810      2.38      0.052           12.3           1-1   
469R10      level 4610      5.29      0.259            11            1-1   
469R24   + 40' lev. 4690    2.89      0.058           63.7           1-1   
469R25   + 25' lev. 4630    3.18      0.081           52.6           1-1   
469R27      level 4690      0.92      0.156           8.4            1-1   
469R28      level 4690      6.84      0.053           4.2            1-1   
469R3       level 4730      3.95      0.135           8.9            1-1   
469R32       lev 4450       1.75      0.061           14.6           1-0   
469R34       lev 4390       1.56      0.132           23.9           1-1   
469R4        lev 4610       1.83      0.091           8.7            1-1   
469R5        lev 4730       3.91      0.153           20.6           1-1   
469R50    +30' lev 4790     2.83      0.096           7.7            1-1   
469R50    +20' lev 4790     1.36      0.072           18.2           1-1   
469R50       lev 4730       1.05      0.106           9.9            1-1   
469R56    +20' lev 4790     4.87      0.177           10.5           1-1   
469R56      level 4730      1.05      0.196           5.8            1-1   
469R57      level 4790      2.13      0.023           4.7            1-3   
469R6       level 4690      7.22      0.045           43.3           1-1   
469R62    +25' lev 4790     1.83      0.020           26.7           1-1   
469R63      level 4790      4.27      0.026           6.6            1-1   
469R63    -20' lev 4730     0.67      0.144           6.3            1-1   
469R7       level 4610      1.22      0.081           32.2           1-1   
469R9       level 4690      2.18      0.042           11.9           1-1   
473R1       level 4730      2.73      0.068           24.3         1-1, 1-3
473R1       level 4730      2.24      0.036           16.1           1-1   
473R15      level 4690      1.48      0.084           8.0            1-3   
473R17      level 4690      3.61      0.097           18.0           1-3   
473R18      level 4690      3.37      0.103           29.8           1-1   
473R18      level 4690      2.29      0.064           30.7           1-1   
473R19      Level 4610      2.57      0.018           4.5            1-3   
473R2       level 4730      2.14      0.038           43.5           1-3   
473R2       level 4730      1.21      0.033           20.4           1-1   
473R20      level 4690      3.98      0.079           55.8           1-3   
473R21      level 4610      1.40      0.063           17.4           1-3   
473R24    +20' lev 4790     6.37      0.064           27.0           1-1   
473R25    -40' lev 4790     4.55      0.097           45.2           1-3   
473R26      level 4790      2.94      0.077           60.9           1-1   
473R27     -65'lev 4790     7.31      0.054           27.3         1-1;1-3 
473R28    +20' lev 4790     4.60      0.143           54.9           1-1   
473R28    +30' lev 4790     1.19      0.027           4.0            1-1   
473R29    -25' lev 4790     3.75      0.119           26.0           1-3   
473R3       level 4730      1.85      0.034           9.3            1-3   
473R30      level 4690      4.54      0.033           7.7            1-1?  
473R31   +15' level 4790    6.43      0.087           25.2           1-3   
473R31      level 4790      2.07      0.037           10.1           1-1   
473R31    +30' lev 4790     5.17      0.160           8.1          1-1(HW) 
473R32    -30' lev 4790     6.14      0.190           18.6           1-3   
473R32     -65' lev4790     2.49      0.045           8.5            1-1   
473R33    +15' lev 4790     4.19      0.151           34.0           1-3   
473R38    +15' lev 4790     2.39      0.042           30.2           1-1   
473R39    -30' lev 4790     2.13      0.055           22.9           1-3   
473R6       level 4730      2.21      0.040           8.7            1-3   
473R8       level 4730      2.47      0.099           59.8           1-3   
473R9       level 4730      2.59      0.046           26.5           1-3   
R469R4      level 4690      2.77      0.055           5.6            1-1   
R469R7   + 45' lev. 4690    4.15      0.250           5.1            1-4   

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 6-K Filing		Date		First		Last			Other Filings
		12/31/03		2					20-F
For The Period Ended		11/2/04
Filed On / Filed As Of		11/3/04
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