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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: tom shelby who wrote (2685)2/24/1998 1:48:00 PM
From: David B. Hartman  Read Replies (1) of 4718
 
Latest News Release

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Antares Mining and Exploration Corporation Update

TORONTO, ONTARIO-

Antares is pleased to announce that Mr. Dale M. Hendrick has
joined Antares' Board of Directors. Mr. Hendrick brings to Antares
significant experience gained from a long and distinguished career
in the mining industry, including tenure as a senior officer of
Kerr Addison Mines Limited. A geologist by profession, he founded
Dale M. Hendrick and Associates in 1989, which provides technical
and financial consulting services to senior and junior mining
companies and institutional investors. Mr. Hendrick is an active
member of the PDAC and CIMM, and is a registered professional
engineer in the Province of Ontario.

In addition to its 76.5 percent interest in, and operatorship of,
the 31,644 hectares Ojolali silver and gold property located in
Sumatra, Indonesia, Antares has a 24.75 percent beneficial
interest in Rappa Holdings (Proprietary) Ltd., a South African
based gold recovery operation; a 37 percent interest in the
producing Lady Lina gold mine in Zimbabwe; and a joint venture
interest with AGC Americas Gold Corporation (AGA-VSE) in the
28,748 hectares promising Toodoggone properties in north central
British Columbia where Antares has now assumed operatorship.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Antares Mining and Exploration Corporation
Dennis Gray
Chairman & CEO
(416) 861-9940
or
Antares Mining and Exploration Corporation
Peter Southward
Investor Relations
(416) 861-9940

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN.
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