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Gold/Mining/Energy : MINK MINERAL RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Jim Andrews who wrote (357)	3/17/1998 1:08:00 PM
From: Joe King	Respond to of 637

Mink International Resources Corp. Trading Symbol - MKM (V) 16 March 1998 FIRST PRIORITY TARGET CONFIRMED AS KIMBERLITE PIPE HALF TONNE KIMBERLITE SAMPLE TO ASHTON LAB FOR TESTING DIAMOND DRILL MOVED TO NEXT PRIORITY TARGET The Company wishes to announce the description of the first diamond drill hole just completed in the 44 hectare Kassama Anomaly which is as follows: Surface to 151 metres bedded sedimentary rocks in crater 151 to 176 metres bedded tuffaceous kimberlite 176 to 225 metres kimberlite breccia 225 to 282.4 metres kimberlite breccia with lapilli (diatreme phase) The drill core was logged and reported by Dearn Lee, Mink International's diamond consultant on site, formerly Chief Mineralogist of Ashton Mining Limited. Drilled at -75o from the horizontal and so far intersecting a total of 131.4 metres of the newly discovered pipe, the drill hole was stopped while still in kimberlite. Except for a few sections preserved for reference purposes, most of the drill core of kimberlitic material weighing more than half a tonne are being shipped to Ashton's Perth Laboratory for immediate evaluation. While awaiting test results, the Mink-Ashton Management Committee has decided to temporarily move the diamond drill from Kassama to the Sansanto Anomaly, another top priority target. Drilling of the Sansanto Anomaly is expected to commence immediately. The Kassama Pipe and the Sansanto Anomaly are the first two -- from among eleven (11) top priority targets, that were recently selected for diamond drilling and/or testing this exploration season. The Kenieba Diamond Project, located in the Republic of Mali, is a joint venture between Mink International (49%) and Ashton West Africa Pty Ltd (51%). ON BEHALF OF THE COMPANY O. L. de la Cuesta President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy nor accuracy of the contents of this news release 802 - 595 Howe St., Vancouver, B.C. Canada V6C 2T5 Telephone (604) 687 3636 / (888) 233 5344; Fax (604) 687 3330 email: mink@mink.com; website: www.mink.com