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

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To: Phil Jones who wrote (25454)6/10/1997 10:56:00 PM
From: Lalit Jain   of 28369
 
CALGARY, June 10 /CNW/ - BRE-X Minerals Ltd., (``BRE-X''), Bresea
Resources Ltd., (``BRESEA'') BRO-X Minerals Ltd. (``BRO-X'') members of The
BRE-X Minerals Group of Companies, announced today that Price Waterhouse
Limited (``the Monitor''), in its capacity as monitor of the three companies
has filed its first report dated June 9 to the Alberta Court of Queen's Bench
in the Judicial District of Calgary in Action No. 9701-06707.
The purpose of this report is to summarize the actions taken by BRE-X,
BRESEA, and BRO-X (together, the ``Corporations'') since the Monitor's
appointment on May 8, 1997, and to report on the current financial position of
each.
Copies of the report are also being forwarded to the various securities
commissions where the Corporations are reporting issuers.

On Behalf of the Boards

David G. Walsh
Chairman, President & Chief Executive Officer
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