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

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To: Jackie Wu who wrote (16067)4/22/1997 9:32:00 PM
From: Pietro Manniello   of 28369
 
Newly available Busang assays

Bre-X Minerals Ltd BXM
Shares issued 219,103,330 Apr 22 close $2.39
Tue 22 Apr 97 News Release
Mr David Walsh reports
Bre-X Minerals Ltd, a member of the Bre-X Minerals Group of Companies,
reports the following results available to date that were not included with
the resources calculation (Bre-X press release Vol 97, No. 6 February 17
1997) which utilized drill assay data up to and including January 15 1997.

Intercept Intercept Assays
Drill From - To Length Gold
Hole No. (m) (m) g/t oz/t
-------- ----------- ----- ----- -----

SEZ-46.5
BSSE-250 3.0-35.0 32.0 3.68 0.12
incl. 21.0-35.0 14.0 4.90 0.14
57.0-87.0 30.0 2.88 0.06
100.3-314.3 214.0 4.75 0.14
incl. 102.3-224.3 122.0 6.67 0.17
and 280.3-298.3 18.0 6.00 0.18
incl. 326.3-400.3 74.0 4.35 0.13
356.3-398.3 42.0 5.57 0.16
SEZ-46.5
BSSE-251 28.3-164.3 136.0 3.68 0.11
incl. 36.3-136.3 100.0 4.21 0.12
176.3-400.3 224.0 4.03 0.12
incl. 256.3-268.3 12.0 7.58 0.22
and 388.3-400.3 112.0 5.07 0.15
SEZ-51.5
BSSE-170 13.0-71.0 58.0 2.33 0.07
incl. 41.0-59.0 18.0 3.10 0.09
104.8-128.8 24.0 2.07 0.06
incl. 108.8-118.8 10.0 2.71 0.08
223.0-249.0 26.0 1.74 0.05
SEZ-54
BSSE-80D 2.0-173.0 171.0 3.59 0.10
incl. 15.0-109.0 94.0 4.56 0.13
and 149.0-161.0 12.0 4.13 0.12
183.0-101.2 218.0 3.39 0.10
incl. 183.0-231.0 48.0 4.19 0.12
and 207.0-259.0 12.0 4.71 0.14
and 271.0-321.0 50.0 4.70 0.14
and 363.0-397.0 34.0 4.03 0.12
SEZ-58.5
BSSE-178 13.0-81.0 68.0 3.66 0.11
incl. 41.0-77.0 36.0 4.93 0.14
91.0-149.0 58.0 2.52 0.07
incl. 93.0-121.0 26.0 3.51 0.10
100.0-242.0 16.0 1.67 0.05
230.0-248.0 18.0 1.05 0.03
274.0-318.0 44.0 1.98 0.06
incl. 306.0-318.0 12.0 4.14 0.12
incl. 352.0-374.0 22.0 4.10 0.12
SEZ-59
BSSE-64A 127.0-137.0 10.0 2.15 0.06
174.0-228.0 54.0 2.07 0.06
198.0-214.0 16.0 4.78 0.14
243.0-265.0 22.0 2.71 0.06
300.5-313.0 12.5 1.14 0.03
368.6-402.6 34.0 3.08 0.09
SEZ-59
BSSE-87D 51.0-89.0 36.0 1.23 0.04
SEZ-59
BSSE-223 200.0-214.0 14.0 1.30 0.04
264.0-274.0 10.0 3.58 0.10
386.7-398.7 12.0 1.56 0.05
SEZ-59
BSSE-224 206.0-216.0 10.0 1.06 0.03
SEZ-64
BSSE-112D 28.0-96.0 68.0 2.52 0.07
incl. 50.0-72.0 22.0 3.62 0.11
143.0-169.0 46.0 2.36 0.07
incl. 169.0-185.0 16.0 3.27 0.10
199.0-241.0 42.0 1.51 0.04
305.0-315.0 10.0 1.60 0.05
357.6-395.6 38.0 2.53 0.07
incl. 383.6-395.6 12.0 4.49 0.13
SEZ-64
BSSE-126A 189.5-241.5 52.0 2.67 0.08
incl. 217.5-241.5 24.0 4.36 0.13
251.5-395.6 118.0 2.48 0.07
incl. 265.5-295.5 30.0 3.12 0.09
and 335.5-369.5 34.0 3.13 0.09
SEZ-64
BSSE-154 416.0-492.0 76.0 2.69 0.08
416.0-456.0 40.0 3.53 0.10
incl. 609.5-627.5 18.0 2.54 0.07
and 661.0-707.0 46.0 1.73 0.05
SEZ-64
BSSE-207 129.0-141.0 12.0 3.79 0.11
157.0-371.0 214.0 2.72 0.08
incl. 163.0-193.0 30.0 4.20 0.12
and 207.0-269.0 62.0 3.44 0.10
SEZ-66.5
BSSE-209 98.0-229.0 131.0 1.70 0.05
incl. 152.0-172.0 20.0 2.79 0.08
245.0-295.0 50.0 2.40 0.07
incl. 253.0-273.0 20.0 3.85 0.11
306.0-336.0 30.0 1.62 0.05
380.0-374.0 14.0 1.83 0.05
392.0-402.0 10.0 1.15 0.03
SEZ-66.5
BSSE-210 7.0-153.0 146.0 2.69 0.06
incl. 11.0-65.0 54.0 3.74 0.11
and 121.0-149.0 28.0 3.42 0.10
164.0-188.0 24.0 2.57 0.07
276.0-356.0 82.0 2.10 0.06
incl. 312.0-338.0 26.0 3.25 0.09

SEZ-66.5
BSSE-211 3.0-19.0 16.0 1.22 0.04
29.0-143.0 114.0 1.12 0.03
incl. 157.0-205.0 48.0 1.86 0.05
and 177.0-189.0 12.0 3.65 0.11
280.4-400.4 140.0 3.74 0.11
260.4-300.4 40.0 4.44 0.13
338.4-388.4 50.0 4.73 0.14

The following holes contained no significant gold assay intercepts:

Drill
Hole No.
---------

SEZ-45.25
BSSE-341 No significant intercepts

SEZ-46.5
BSSE-246 No significant intercepts

SEZ-46.5
BSSE-242 No significant intercepts

SEZ-56.5
BSSE-184 No significant intercepts

SEZ-60.25
BSSE-285 No significant intercepts

SEZ-61.5
BSSE-190 No significant intercepts
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