Toronto - Wheaton River Minerals Ltd. (WRM: TSX) is pleased to announce that it has cleared its final prospectus dated August 14, 2002 with the applicable securities commissions. The prospectus qualifies the distribution of 109,350,000 common shares and 54,675,000 common share purchase warrants issuable upon the exercise of previously issued special warrants. Each common share purchase warrant is exercisable into one common share at a price of $1.65 per share at any time on or before 5:00 p.m. (Toronto time) on May 30, 2007. On August 23, 2002 the special warrants will be automatically exercised into common shares and common share purchase warrants.

Wheaton River has obtained conditional approval from the Toronto Stock Exchange to list the common share purchase warrants. It is anticipated that the common share purchase warrants will be listed and posted for trading on the Toronto Stock Exchange under the symbol "WRM.WT" at the opening of business on or about August 23, 2002.

For further information please contact Wheaton River Minerals at 1-800-567-6223 or e-mail: info@wheatonriver.com.

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