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Kinross Gold Corporation announced that it has acquired 205,000 common shares of Cumberland Resources

June 4, 2004

Toronto, Ontario - Kinross Gold Corporation (TSX-K; NYSE-KGC) ("Kinross") announced that it has acquired 205,000 common shares of Cumberland Resources Ltd. ("Cumberland") through the facilities of the Toronto Stock Exchange. As a result of this transaction, Kinross has acquired an aggregate of 5,642,500 common shares of Cumberland representing 10.37% of the issued and outstanding shares of Cumberland.

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