Highlights of this latest phase of drilling at Albino include:

1) Gold mineralization was intersected in all the drill holes.

2) Drilling along the Aguao 2 and Southern Extension has consistently intersected shear zone mineralization as far south as section 4400 N, thus extending the known strike-length of the Conductora-Aguao 2 shear system to over 750 metres. The zone is still open to the north and south and at depth.

3) Drill intersections along the Aguao 2 and Southern Extension have returned high grade intersections of 12.99 g/t Au over 2.10 metres and 10.75 g/t Au over 3.6 metres in hole 97-24, 10.36 g/t Au over 4.6 metres in hole 97-51, and 20.91 g/t Au over 6.88 metres in hole 97-53. In addition, several holes intersected wide mineralized zones giving a combination of "grams x metres" in excess of 20.

4) The high grade intersection in hole 97-53 (22.6 feet at 0.61 oz/ton Au) was entirely hosted by a dioritic intrusion. This demonstrates that high grade ore-shoots within the shear zone can occur in both volcanic and intrusive hosts, contrary to previous geological interpretations which tended to downplay the diorite as a suitable host for wide zones of high grade mineralization.

5) Current phase drilling along the Medina 3 zone has identified an initial shallow saprolite resource of 54,000 tonnes at an average grade of 3.35 g/t Au. Best intersections from the Medina 3 drilling included 3.21 g/t Au in hole 97-31 and 4.08 g/t Au over 8.80 metres in hole 97-32. Best intersection at Salazar was 11.07 g/t Au over 0.65 metres.

MINEIRO

The reconnaissance drill program at Mineiro continued to investigate mineralized targets at Bananal, Fofoca, Mandiocal, Joaquim and along a newly discovered mineralized trend southeast of the Mandiocal zone. One hole (DDH- 97-13) drilled to test the latter target encountered a 6.0 metre wide zone of mineralization averaging 4.13 g/t Au and including a 2.0 metre interval which assayed 10.01 g/t Au. Drilling at the other targets encountered anomalous to low grade mineralization over narrow widths. The Company is presently calculating resource estimates for the Seta zone and re-assessing the geologic model and controls of gold mineralization at Mineiro.

Crystallex International Corporation is a gold mining and exploration company. The Company's strategy for growth is to develop its portfolio of properties in South America as well as to diversify geographically by investing in producing or near-production projects and by exploring properties of merit in other areas of the world.

NOTE: This news release may include certain "forward-looking statements" within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Crystallex, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with The Toronto Stock Exchange, the United States Securities and Exchange Commission and other regulatory authorities.

NOTE: The Toronto Stock Exchange and the Vancouver Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release.