GL-ENERGY GEEX potential revenue of over $328 MILLION.

GL ENERGY AND EXPLORATION, INC. (OTCBB:GEEX) is a development stage
mining exploration company. GEEX holds a 60% ownership stake in 2
Chilean mining properties, covering an area of over 12 square miles,
jointly referred to as the "La Barca-Choapa Project." These properties
have extensive proven deposits of gold, titanium, zircon, magnetite,
ilmenite, nickel, and others.

The Chilean mines have heavy sand deposits. These high grade deposits
are easily accessible by railroad or paved highway and are located
along the ocean. Studies have shown the deposits to be clean as no
soil, clay, or contaminants such as sulfides, thorium, or uranium are
involved. There are no residences, soil, forest, or grass cover on the
ore bodies.

The Duna Choapa Norte ore body, which has an estimated 17 years of
deposits, and the La Barca ore body, which has an estimated 38 years
of product, are contiguous and located in the IV Region (Region de
Coquimbo) of Chile.

Evidence suggests that the price of gold bottomed over a year ago and
this market is n the early stages of a new multi-year bull market. The
price of silver is at a six year low when adjusted for inflation.
Ownership of GL Energy & Exploration stock provides an alternative to
owning gold and silver bullion or even coins.

Investment bank Citigroup forecast gains in metal prices over the next
two years, citing in a report that the gold market would be in
transition from a commodity and jewellery driven market to an
investment-driven one. "We are raising gold from $360 per ounce to
$380 for 2004 and from $365 to $400 for 2005, believing that
reflationary themes and investment demand can propel gold in a
recovering economy," Citigroup said. "We believe that this is the
first time in at least 15 years where a case can be made for gold to
perform in a recovering economy."

"I have no difficulty imagining gold getting between $500 and $1000
(US) an ounce in two to four years."

Eric Sprott, CEO of Sprott Asset Management  Inc. Globe and Mail May
25, 2002

* Special Points of Interest

• The Company has interests in mines that have known deposits.

• GEEX trades on the Berlin Stock Exchange under the symbol GE6.BE.

• Experienced management team with extensive knowledge in the mining
sector.

• Precious metals prices are high in many cases due to high demand.

• GL Energy and Exploration Inc's., revenue on both of their Chilean
mining properties based on US$300 per ounce is expected to be over
$328 MILLION.

For more information please visit
http://www.chileanmining.com/