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To: Ed Pakstas who wrote (157)3/25/1998 3:16:00 PM
From: JIM FINDLATER  Read Replies (1) | Respond to of 195
 
HI Ed,
NEW RELEASE OUT FOR ADAMAS

ADAMAS RESOURCES CORP ("AMS-V;ADRCF-L")

- Comments On Recent Trading Activity

In light of yesterday's trading activity, Stephen B Doppler, President of ADAMAS
RESOURCES CORP ("the Company") wishes to report that there has been no material
change in the Company at this time.

The Company is currently in negotiations for a property acquisition, but nothing has
been finalized. Once a deal has been completed, the Company will announce full details
of the transaction and the asset to be acquired.

Adamas Resources is an emerging gold exploration and development company active in
North America. The Company's shares trade on the Vancouver Stock Exchange under
the symbol AMS.

TEL: (604) 685-6926 Stephen B Doppler, President TEL: (888) 4-ADAMAS Internet:

ams-gold.com