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Gold/Mining/Energy : African Metals Corporation(AFR-Cdnx)(was Shiega resources) -- Ignore unavailable to you. Want to Upgrade?

To: Wats who wrote (73)	1/8/1998 5:24:00 PM
From: Walter	Read Replies (1) \| Respond to of 151

News Release Back To The News Release Archive Previous News Release January 8, 1998 Trading Symbol: SHG TRENCHING TO BEGIN ON BAROYA CONCESSION Willis W. Osborne, Director of Shiega Resources Corporation, would like to announce the immediate commencement of a 800 metre, one month long trenching program on the Baroya Concession in Mali. Shiega holds a 65% interest, Robex, a 25% interest and Malian partners, a 10% interest in the concession which is located east of and adjacent to the property held by Oliver Gold where the 1.5 million ounce Segala deposit occurs. Three areas will be initially trenched. The first is on the western side of the southern block of the Baroya concession. The target is a major east-northeasterly trending fault zone that is believed to be mineralized with gold. Coincident gold soil anomalies, artisanal workings and chargeability highs extend northeasterly for 3,500 metres through the southern block of the concession. Gold has been found along this zone both to the east and west of Baroya. The second area is on the western side of the northern corridor where 2 quartz veins have been found. One 2 metre wide northwesterly trending quartz vein has been followed for 100 metres through native workings and is currently the site of artisanal gold mining. A second 2 metre wide vein also occurs here. These veins will be trenched to determine whether they are individual veins, part of a larger vein system or mineralized altered zones. The third area to be tested is an area on line with the Segala zone where anomalous soils up to 2,830 ppb gold have been found along what may be the extension to the Segala deposit. A drill program will follow at the completion of trenching. ON BEHALF OF THE BOARD OF DIRECTORS OF SHIEGA RESOURCE CORPORATION "Willis W. Osborne" Willis W. Osborne Director THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT REPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE c Shiega Resources Corporation All Rights Reserved