BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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

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To: alan holman who wrote ()	4/7/1997 2:27:00 PM
From: Terence Mitchell	of 28369

Teck Corp, News Release to dispel rumours ---------------------------------------------------------------------- APRIL 7, 1997 Teck Corporation confirms that it does not hold Shares of Bre-X VANCOUVER, BRITISH COLUMBIA--Teck Corporation confirmed today that it does not hold any shares of Bre-X Minerals Ltd. and never has held any. The company said that it does not normally comment on rumours, but that a number of shareholders have called to ask about a persistent rumour from unknown sources to the effect that it does or did hold a share position in that company. Teck said that it had been in discussions with Bre-X last Fall about a possible development contract to provide senior financing and management in return for an interest in the Busang property, subject to the usual due diligence, but that these discussions had been terminated when Bre-X was told to negotiate exclusively with another mining company. Teck said that it would still be interested in a development contract should the current check drilling and assaying program being carried out confirm the existence of a viable, economic deposit.

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