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Gold/Mining/Energy : MIRAMAR MINING (MNG)

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To: dwight vickers who wrote (174)11/23/1997 12:28:00 PM
From: andrei tiubinRead Replies (1) of 457
 
Friday November 21, 5:31 pm Eastern Time

Company Press Release

SOURCE: Northern Orion Explorations Ltd.

Northern Orion Explorations Ltd. - Agua Rica Project - Offer To
Purchase Interest

VANCOUVER, Nov. 21 /CNW-PRN/ - Northern Orion has made an offer to BHP Copper to purchase an
additional 40% interest in the Agua Rica project and assume operatorship of the Project.

The Agua Rica deposit is a large porphyry copper-gold-silver-molybdenum deposit located in Catamarca
province, northwest Argentina, and is a joint venture between Northern Orion (30%) and BHP Minerals
International (70%). The joint venture is currently undertaking a US$45 million work program designed to bring
the project to completion of a final feasibility study.

Northern Orion Explorations (NNO-TSE) is a mining company targeting the development of gold and copper
deposits in Latin America and is 54% owned by Miramar Mining Corporation (MAE-TSE, MAENF-Nasdaq).

SOURCE: Northern Orion Explorations Ltd.
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