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Gold/Mining/Energy : Golden Arch Resources---GAI.V -- Ignore unavailable to you. Want to Upgrade?

To: JR. who wrote (247)	1/5/1998 12:29:00 AM
From: Ross	Read Replies (1) \| Respond to of 359

GOLDEN ARCH RESOURCES LTD. 8930 OAK STREET, VANCOUVER, B.C. V6P 4B7 (604)266-9910 1-800-661-0091 FAX: (604)266-5000 NEWS RELEASE Symbol: GAI (VSE) O.T.C. Bulletin Board: GARCF Exemption 12g3 - 2(b) SEC File # 82-659 DIRECTOR & EMPLOYEE STOCK OPTIONS GRANTED VANCOUVER - December 23, 1997 - The Company has granted, subject to regulatory approval, director and employee incentive stock options for 1,700,000 shares at an exercise price to be determined in accordance with the rules of the Vancouver Stock Exchange. It should be noted the Company did not proceed to allot the director and employee option referenced in a news release dated September 17, 1997. On behalf of the Board of Directors of Golden Arch Resources Ltd. "Richard Watson" Richard J. Watson Director The Vancouver Stock Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof

To: JR. who wrote (247)	1/23/1998 1:21:00 PM
From: DR.	Read Replies (1) \| Respond to of 359

The Abbott Orebody and Ainsworth Mill. The assays on this silver,lead, zinc and gold property are really good and as well as those reserves that you mentioned I saw that there are a further 110,000 tons of indicated reserves in the Greenlaw Zone at 0.026 oz/ton gold, 5.69 oz/ton silver, 5.61% lead and 2.88% zinc. The company also proposes to further diamond drill and prove up reserves in this largely unexplored area. It looks like Silver is going to $6 very soon so it could not be a better time to bring this mine on line. It could be a good spring in the Kootneys, B.C.! Golden Arch currently owns 30% of the Abbott so when Roper puts it's money into the project, Golden Arch will benefit for no outlay! Regards