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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?

To: alan holman who wrote (27755)	2/23/1998 2:35:00 PM
From: alan holman	Respond to of 28369

International Dunlap Minerals: Indonesian Contract of Work Signed and Drilling at Wae Dara Commenced Business Wire - February 23, 1998 14:06 %INTL-DUNLAP-MINERALS IDZ. %NEW-YORK %MINING %METALS V%BW P%BW VANCOUVER, B.C.--(BUSINESS WIRE)--Feb. 23, 1998--INT'L DUNLAP (VSE:IDZ) Dr. Peter J. Guest reports: INTERNATIONAL DUNLAP MINERALS CORPORATION ("Dunlap") is pleased to announce that a seventh generation Contract of Work ("COW") for the Sikalangan mineral exploration property was signed on February 19, 1998 between the Indonesian Minister of Mines and Energy, on behalf of the Government of Indonesia, and an Indonesian join venture company incorporated by Dunlap and its joint venture partner. The Sikalangan COW covers approximately 140,000 hectares in southwest Kalimantan, Indonesia. Dunlap holds a 95 percent participating interest in the Indonesian joint venture company that has entered into the Sikalangan COW and a privately owned Indonesian company holds the remaining 5 percent interest. Dunlap holds a 93 percent participating interest in the 2,733 hectare area Wae Dara KP in north-western Flores Island where six prospects displaying volcanogenic massive sulphide characteristics have been identified in the recently completed geochemical exploration programs. A 1,500 meter, eight hole reconnaissance drill program has been implemented to drill the targets selected at the six prospects and test for the existence of sulphide mineralization. This programme is expected to be completed by the end of February, 1998 and the results will be reported thereafter. Dunlap also holds interest in several other mineral exploration properties in Indonesia, including a 95 percent interest in the highly prospective Aceh COW (a sixth generation COW covering approximately 144,844 hectares in northern Sumatra), and a 95 percent interest in the Flores COW (a sixth generation COW covering approximately 1.2 million hectares on Flores Island). On behalf of the Board Peter J. Guest, D. Eng., President, Chief Executive Officer and Director This news release has been prepared by management of Dunlap who takes full responsibility for its contents. NOTE TO EDITORS: The Vancouver Stock Exchange has not reviewed and does not accept any responsibility for the adequacy or accuracy of the contents of this news release. CONTACT: International Dunlap Minerals Corporation Peter J. Guest, 604/608-1633 604/608-6806 (FAX) 24 hour recorded shareholders update available at (604) 608-1633, extension 241

To: alan holman who wrote (27755)	2/23/1998 2:38:00 PM
From: alan holman	Read Replies (1) \| Respond to of 28369

Iriana Resources: Indonesian Contract of Work Signed Business Wire - February 23, 1998 14:05 %IRIANA-RES. IR. %NEW-YORK %MINING %METALS V%BW P%BW VANCOUVER, B. C.--(BUSINESS WIRE)--Feb. 23, 1998--IRIANA RES.(TSE:IR) (VSE:IR) Dr. Peter J. Guest reports: IRIANA RESOURCES CORPORATION ("Iriana") is pleased to announce that a seventh generation Contract of Work ("COW") for the Sentani mineral property was signed on February 19, 1998 by the Indonesian Minister of Mines and Energy, on behalf of the Government of Indonesia, and a Indonesian joint venture company incorporated by Iriana and its joint venture partner. The Sentani COW covers approximately 14,640 hectares in northern Irian Jaya. Iriana holds a 95 percent participating interest in the Indonesian joint venture company that has entered into the Sentani COW and a privately owned Indonesian company holds the remaining 5 percent interest. Previous programs conducted on the Sentani COW by U.S. Steel have outlined a resource of 44.3 million tonnes of ore grading 1.3 percent nickel and 0.11 percent cobalt on this property. The 30,222 hectare area Ziewa mineral property located in northern Irian Jaya which was previously reported on February 2, 1998 as being the subject of an approved seventh generation COW is, in fact, the subject of an eighth generation COW Application. Iriana will hold a 95 percent participating interest in this property. Iriana holds a substantial portfolio of interest in other mineral properties in the Province of Irian Jaya, including a 15 percent interest in the Cendrawana COW (a sixth generation COW covering approximately 475,548 hectares in northern Irian Jaya), a 10 percent interest in the Van Daalen COW (a sixth generation COW covering approximately 517,700 hectares in northern Irian Jaya), a 10 percent interest in the Idenburg COW (a sixth generation COW covering approximately 1,445,000 hectares in east central Irian Jaya) and a 10 percent interest in the Senggeh COW (a sixth generation COW covering approximately 1.43 million hectares in the north-eastern Irian Jaya). On behalf of the Board Peter J. Guest, D.Eng., President, Chief Executive Officer and Director This news release has been prepared by management of Iriana who takes full responsibility for its contents. CONTACT: Iriana Resources Corporation Peter J. Guest, 604/608-1633 604/608-6806 (FAX) 24 hour recorded shareholders update available at 604/608-1633, extension 240