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Gold/Mining/Energy : Blackstone Resources BLV-CDNX

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To: John E.Quinn who wrote (339)	2/14/1999 1:01:00 PM
From: George Castilarin	of 373

BLACKSTONE RESOURCES INC. ("BZZ-Y;BKSIF-L") GEOLOGIX EXPLORATIONS INC ("GIX-V") - Dromedary Option Dropped by Geologix Donald McInnes, President, Blackstone Resources Inc. announces that the Company has been notified by Geologix Explorations Ltd. that Geologix will not be proceeding with its option to earn an interest in the Dromedary Property. Blackstone is currently undergoing a review of all data on the Dromedary Property and will be seeking either exploration financing or a new Joint venture partner to further test the potential for Sedex mineralization. For further Blackstone information please contact Donald McInnes or Graham Johnson at 604-687-3929 or 1-800-753-0885 via fax at 604-682-3727, e-mail at bzz@keltic.com or visit the Blackstone website at bzz-blackstone.com. Investor relations inquiries may also be directed to Kholberg Capital Management at 1-902-492-2701. TEL: (604) 687-3929 Donald McInnes TEL: 1-800-753-0885 Graham Johnson FAX: (604) 682-3727 E-mail: bzz@keltic.com Internet: bzz-blackstone.com. __________________________________ (c) Corporate Dissemination Services Inc. All rights reserved.

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