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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: kevin aseltine who wrote (133)1/8/1998 7:24:00 PM
From: kevin aseltine  Read Replies (2) of 208
 
Another press release telling us things are happening , but how
come I never get a warm and fuzzy feeling ??

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: RIOSUN RESOURCES CORPORATION

VSE SYMBOL: RSR

JANUARY 8, 1998

Riosun Resources Madagascar Update

CALGARY, ALBERTA--Mr. P. Charles Cochrane President and Chief

Executive Officer, Mr. Griff Lloyd P. Eng., P. Geol. and Mr.

Gerhard Jacob P. Geol., M.Sc. Geol., Mining Mgr., returned from

Madagascar in late December. As a result of this trip, additional

equipment was purchased and is scheduled to arrive at the mine

site during the later part of January.

Mr. Cochrane is pleased to report that the ownership and control

of the Eximad Emerald properties are confirmed, and that Mr. Jacob

will be returning to Madagascar before the end of January, to

commence mining operations which are under Riosun's full control.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Riosun Resources Corporation

Mr. Ken Hughes

Director

(403) 266-3644

(403) 266-3648 (FAX)
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