EXHIBIT 99.2
                             Berkley Resources Inc.
                        Suite 400 - 455 Granville Street
                             Vancouver, BC, V6C-1T1
                              Phone (604) 682-3701
                               Fax (604) 682-3600


November 1, 2004                                              BKS - TSX Venture


                                                              BRKDF.PK - U.S.










NEWS RELEASE
------------


Mr. Matt Wayrynen  reports  Berkley  Resources Inc. has granted  incentive stock
options for the  purchase  of up to 47,500  shares at a price of $0.77 per share
exercisable on or before  October 29, 2009, to employees and  consultants of the
Company.

The options are subject to a stock option plan.


ON BEHALF OF THE BOARD OF DIRECTORS



"Matt Wayrynen"

Matt Wayrynen, President


The TSX Venture Exchange has not reviewed and does not accept the responsibility
for the accuracy or adequacy of this release.