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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: mikesloan who wrote (19933)4/30/1997 2:40:00 PM
From: Peter K.   of 28369
 
TO ALL: BRE-X NEWS RELEASE

Attention Business Editors:

BRE-X MINERALS LTD.

CALGARY, April 30 /CNW/ - BRE-X MINERALS LTD., (T-BXM, ME-BXM,
NASDAQ-BXMNF) a member of the BRE-X Minerals Group of Companies, announced
today that the time period for the due diligence review being conducted by
Freeport McMoRan Copper and Gold Inc. (FCX) of the Busang properties has been
extended to June 30, 1997, at the request of FCX, to allow for consideration
of the findings of the Strathcona audit.

On Behalf of the Board

David G. Walsh
President & Chief Executive Officer
-0- 04/30/97

For further information: Investor Relations, Bre-X Minerals Ltd., (403) 543-7070
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