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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9278)2/26/1998 9:09:00 PM
From: Arnie   of 15196
 
ACQUISITION / Morrison Middlefield Resources awarded Acreage in U.K.

TORONTO, Feb. 26 /CNW/ - Pursuant to its application in the 8th Landward
Oil and Gas Licencing Round in the UK, it was announced that MMRL's UK
subsidiaries have been awarded a 100% interest in six licences covering
616,000 acres. With these additions, MMRL's licence acreage position onshore
in the UK will almost double to approximately 1.3 million acres.

All of the licences awarded to MMRL are in its core onshore operating
area in the East Midlands and Yorkshire regions.

The common shares of MMRL are listed on the Toronto Stock Exchange under
the symbol MM.
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