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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)
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To: Steve Johnston who wrote (47)4/14/1997 8:49:00 PM
From: Anthony Wong   of 350
 
To all,

Wheaton River announcement/sale completed

Reuters Story - April 14, 1997 18:14

(Full text of press release from Canadian Corporate News)

APRIL 14, 1997

Wheaton River Completes Sale of YGC

TORONTO, ONTARIO--Wheaton River Minerals Ltd. is pleased
to announce that it has completed the sale of its control
position in YGC Resources Ltd. Wheaton River has sold 6.0
million YGC common shares and 2.0 million YGC common share
purchase warrants for total consideration of $2.28 million
comprising $1.58 million in cash; 438,596 treasury shares of
B.Y.G. Natural Resources Inc., and a debenture of B.Y.G. in
the amount of $200,000 which is convertible into 338,983
shares in the capital of Trumpeter Yukon Gold Inc. Three of
the four YGC directors have resigned in favour of B.Y.G.
nominees.

Wheaton River continues to hold 1.3 million shares of YGC
and a 2 percent net smelter return royalty on YGC's Ketza
River, Yukon, gold property. YGC can purchase one-half of the
royalty for $1 million.

FOR FURTHER INFORMATION PLEASE CONTACT:

Wheaton River Minerals Ltd.
Ian J. McDonald
Chairman and Chief Executive Officer
(416) 860-0919
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