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Gold/Mining/Energy : MacMillan Gold

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To: Gert-Jan Vlasveld who wrote (32)	2/23/1998 12:58:00 PM
From: Kent C.	Read Replies (1) of 43

Feb. 23 - MMG.TSE - RIO TINTO BEGINS WORK PROGRAM ON MINAS SANTA ROSE IN PERU From SI Daily News: Subject 17869 MacMillan Gold Corp. is pleased to announce that it has been informed by Rio Tinto Mining and Exploration Limited ("Rio Tinto") that Rio Tinto has mobilized and started work at the Minas Santa Rosa Property in the Northern Ancash Province of Peru. Work currently underway consists of establishing grids over the central and southeast properties and will be followed up shortly by detailed mapping and ground magnetic surveys. Rio Tinto plans to begin drilling in mid-March with an initial program of 2,500 metres. The first hole of the program will be located on the southeast property and will test copper porphyry mineralization encountered in drilling by the previous operators. MacMillan is excited that the first work program of the Rio Tinto earn-in is underway and is hopeful that the results of previous operators are confirmed and extended. MacMillan Gold Corp. is a Canadian resource company focused in Peru and listed on The Toronto Stock Exchange: Symbol "MMG" For additional information, contact: Tel:(416) 363-1124/Fax (416) 360-0728 Subject 17869

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