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To: stockman who wrote (720)	7/16/1998 5:00:00 PM
From: Al Cern	Read Replies (1) \| Respond to of 769

stockman, Is this the good news you were waiting for? Can you or anyone else comment on the results? The probable reserve of 61,000 tons at 11g/ton equiv. would keep the mill operating for 100 days. I am concerned about the costs of exploration, costs of mining, stripping ratios, prepreparation costs etc. I can't see this happening without more financing. Even if they made a ----load of money last quarter, they probably still owe a lot. They also seen to be in denial about the increase in shares outstanding. I think they are at about 75,000,000 now. Final assay results from Flex deposit BYG Natural Resources Inc BYG Shares issued 55,585,360 Jul 15 close $0.22 Thu 16 Jul 98 News Release Mr. Graham Dickson reports Final assay results have been received and compiled for the initial 1998 diamond drill program on the Flex deposit. Fourteen drill holes (1,138 metres) were drilled on the northern extension of the deposit. Assay results for five drill holes (98-183 to 98-188) were reported in Stockwatch May 13, 1998. The drill results have extended the Flex vein system 125m north of the previous diamond drilling (carried out between 1985-95). The vein system trends north-northwest and dips steeply to the west. The mineralization is open along strike and to depth. Eight holes tested the Main vein. The drill holes intersected a zone of multiple quartz-sulphide veining within a broader alteration zone. A high grade vein (HW vein) west of the Main vein yielded gold-silver values in several high grade intersections, up to 31.5 g/t gold and 4,206 g/t silver in drill hole 98-191. The mineralized intersections across the vein-alteration system yielded widths of 5.6 to 21.4m. The best interval of the alteration zone enclosing the HW and Main veins averaged 6.18 g/t gold and 260.9 g/t silver over 11.6m in drill hole 98-193. The veins have been intersected to depths of 75m below surface. Six separate holes were drilled to test the footwall vein approximately 25m east of the Main vein. The shallow holes intersected the vein, which had never been drilled in earlier programs. The northern drill hole intersected a 4.1m wide vein zone averaging 3.0 g/t gold and 44 g/t silver. The mineralization to the south occurs in a disseminated zone over a wide interval as reported May 12, 1998 in drill hole 98-186, which averaged 0.43 g/t gold and 9.5 g/t silver over 7.5m. The Flex mineralization is open along strike and to depth. The most northerly holes intersected the vein system within a quartz-feldspar porphyry (qfp) dyke, which appears to have constricted the mineralization. A similar constriction of the Webber veins deposit occurs where the veins are wider and higher grade on either side of the qfp dyke. The Webber veins are 400m west of the Flex veins. A probable reserve of 61,000 tonnes grading 7.01 g/t gold and 283 g/t silver was calculated based on the revised exploration model following the 1997 stripping and detailed surface sampling and mapping program. The revised interpretation indicates several areas within the shallow resource which require in-fill drilling and indicates the zone is open in the southern direction. The reserve is based on a 4.0 g/t gold equivalent cutoff grade (Ag: Au at 60:1). Further drilling is planned to define the extent of the vein system northward, southward and to depth. In fill drilling is required to define the ore reserve and prepare the mining plan. The assay results for the remaining 12 drill holes (1,009m) completed along the Brown-McDade structural trend are nearly completed and will be reported in the near future. A summary table of the previously unreported drilling completed in the Flex zone is attached. FROM - TO WIDTH AU AG AU EQ. ZONE (m) (m) g/t g/t g/t Hole 98-189 36.7- 37.6 0.9 1.47 7.1 1.62 Flex 45.8- 46.8 1.0 1.44 24.9 1.94 Hole 98-190 15.5- 36.9 21.4 1.85 61.7 3.08 Flex Incl. 19.5- 20.2 0.7 11.80 298.8 17.78 And 29.5- 30.0 0.4 4.05 247.4 8.99 And 36.5- 36.9 0.4 13.17 1035.5 33.88 HW And 47.2- 48.0 0.8 5.93 243.5 10.80 Hole 98-191 31.3- 51.8 20.5 1.98 143.4 4.84 Flex Incl. 32.2- 32.9 0.6 31.54 4206.5 115.67 HW And 38.3- 38.8 0.5 3.74 65.5 5.05 And 44.6- 45.6 1.0 8.47 58.2 9.63 Hole 98-192 43.5- 57.8 14.3 1.01 29.3 1.59 Flex Incl. 43.5- 44.5 1.0 1.34 92.5 3.19 And 46.3- 47.4 1.2 3.02 155.6 6.13 HW And 51.1- 52.0 1.0 1.54 8.0 1.70 Hole 98-193 56.1- 67.7 11.6 6.18 260.9 11.40 Flex Incl. 56.1- 57.0 0.9 3.84 75.7 5.35 And 60.2- 61.1 0.9 14.50 78.4 16.07 HW And 62.1- 63.6 1.5 6.36 194.3 10.20 And 65.0- 67.7 2.7 13.43 45.1 14.33 And 86.2- 86.9 0.6 17.49 362.0 24.73 Hole 98-194 64.0- 69.6 5.6 4.98 80.8 6.60 Flex Incl. 65.5- 66.0 0.5 4.63 595.8 16.50 HW And 68.0- 68.6 0.6 3.15 122.5 5.60 And 80.0- 84.3 4.3 7.10 95.3 9.01 Incl. 82.6- 83.6 1.0 7.85 364.3 15.10 Hole 98-195 68.6- 80.1 11.5 1.22 51.1 2.24 Flex Incl. 68.6- 69.0 0.5 3.50 28.6 4.07 HW Incl. 74.9- 75.8 0.8 7.34 382.1 14.98 And 90.8- 92.9 2.1 1.33 61.4 2.56 Hole 98-196 78.3- 79.3 1.0 1.54 101.5 3.57 Flex And 93.8- 94.3 0.5 2.71 112.5 4.96 HW And 100.7-101.7 1.0 1.23 26.5 1.76 Gold:Silver Equivalent Ratio used is 50:1 (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: stockman who wrote (720)	7/22/1998 8:18:00 AM
From: Al Cern	Read Replies (1) \| Respond to of 769

stockman, Here is another news release. Gold porphyry discovered at Mt. Nansen BYG Natural Resources Inc BYG Shares issued 55,585,360 Jul 21 close $0.20 Wed 22 Jul 98 News Release Mr. Graham Dickson reports BYG Natural Resources discovered gold porphyry mineralization on its Mt. Nansen property to the northwest of its present open pit operation. The gold porphyry was discovered when drilling for occurrences of further ore bodies along the continuation of the footwall fault of the Brown McDade open pit. The discovery hole, 98-198, bottomed in the mineralization with the last 23.8m (78.00m to 101.80m) averaging 1.40 g/t of gold and 11.1 g/t of silver for a gold equivalent of 1.60 g/t. The 98-198 hole was drilled to test a large gold-in-soil anomaly and intersected a strongly pyritized porphyry on the flanks of a large magnetite-epidote alteration zone. The precious metal rich porphyry style appears to be typical of the classical porphyry model within the Dawson Range, which is host to several porphyry style deposits. Drilling on the property will commence on Thursday, July 23, 1998 to continue the delineation of the Flex zone, to continue the exploration of the Brown McDade zone to the north and south and to further explore the gold porphyry deposit. The assay results for the remaining 11 drill holes (1,009m) along the Brown-McDade structural trend are nearly completed and will be reported in the near future. The milling operation continues to operate at or close to its design capacity of 700 mtpd. Installation of the thickener, for recovery of cyanide from the tailings, is complete and will result, not only in reducing cyanide consumption but also in greatly reducing the load and cost of its effluent treatment system. Design and engineering work is being completed for the installation of the flotation circuit, which will allow for an increased recovery of gold and silver from the Flex ore. The flotation circuit will be completed in time to improve recoveries of both gold and silver from the Brown McDade open pit as it becomes more sulphidic at depth. The operation continues to meet all environmental guidelines. Sincerely, Al Cern