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To: Bob Lawson who wrote (20)	11/9/1998 11:01:00 AM
From: Bob Lawson	Read Replies (1) \| Respond to of 28

Good things happen to GOOD companies .... ANOTHER GREAT RELEASE VOLUME already 123 k Naneco Minerals Ltd - Jiawula drilling results Naneco Minerals Ltd NNE Shares issued 17,668,496 1998-11-06 close $0.3 Monday Nov 9 1998 Mr. Archie Nesbitt reports Drilling on the company's Jiawula silver-copper-lead-zinc deposit in Nei Mongolia, China, continues to intersect extremely significant massive to semi-massive sulphide mineralization on zone No. 2 in core holes J-98-13, J-98-14, and J-98-15. High grade intercepts were encountered in each of these holes. Zone No. 12 is only one of 40 mineralized zones that has been drilled extensively to date. Core hole J-98-13 intersected 3.95m (12.96 feet) grading, in the upper and lower intervals, 136.8 g/t Ag, 0.23 per cent Cu, and 19.46 per cent combined Pb-Zn. Core hole J-98-14 intersected 16.98m (55 feet) grading, in the upper and lower intervals, 72.68 g/t Ag, 0.26 per cent Cu, and 6.49 per cent combined Pb-Zn which contained a 1.6m (5.25 feet) interval grading 153.84 g/t Ag, 0.44 per cent Cu, and 19.7 per cent combined Pb-Zn and a 2.44m (eight feet) interval grading 177.04 g/t Ag, 0.62 per cent Cu, and 10.2 per cent combined Pb-Zn. Core hole J-98-15 intersected 7.35m (24.1 feet) grading 163.49 g/t Ag, 0.55 per cent Cu, and 10.12 per cent combined Pb-Zn which contained a 2.78m (9.12 feet) interval grading 329.05 g/t Ag, 1.02 per cent Cu, and 15.5 per cent combined Pb-Zn. Final assays for several other core holes will be released as soon as additional analytical procedures for particularly high grade intervals have been completed. Depth of Silver Copper Lead Zinc Intercept Values Values Values Values (m) (g/t) (%) (%) (%) Hole J-98-13 153.13-154.25 166.2 0.15 12.08 10.17 154.25-154.65 119.5 0.13 6.96 6.52 1.52 153.91 0.14 10.73 9.21 170.52-172.00 140.4 0.36 5.12 14.93 172.00-172.43 114.6 0.14 6.19 14.40 172.43-172.95 94.9 0.16 7.55 7.88 2.43 126.10 0.28 5.83 13.33 3.95 136.80 0.23 7.72 11.74 Hole J-98-14 204.92-206.04 171.9 0.51 4.73 16.83 206.04-206.52 111.7 0.27 0.89 14.45 1.60 153.84 0.44 3.58 16.12 206.52-207.70 22.6 0.02 0.28 0.89 233.20-234.05 66.2 0.15 1.04 8.41 234.05-234.85 40.6 0.13 0.12 1.40 234.85-236.08 188.6 0.86 0.38 9.43 236.08-236.91 127.8 0.44 0.38 11.06 236.91-237.29 247.2 0.23 1.6 7.16 2.44 177.04 0.62 0.57 9.63 237.29-238.26 4.2 0.04 0.03 0.61 238.26-239.02 89.9 0.42 0.41 13.83 239.02-240.90 3.2 0.03 0.02 0.67 240.90-242.00 8.4 0.005 0.3 1.18 242.00-243.70 49.5 0.17 0.57 4.40 243.70-244.28 141.9 0.28 0.65 9.18 244.28-245.20 11.7 0.06 0.19 0.78 245.20-246.60 67.6 0.36 0.39 3.79 246.60-247.40 101.4 0.62 0.24 9.76 16.98 72.68 0.26 0.67 5.82 Hole J-98-15 153.45-154.85 110.6 0.49 2.52 10.76 154.85-155.20 27.1 0.1 0.72 2.01 155.20-155.46 291.1 0.51 18.56 5.65 155.46-155.94 122.6 0.12 1.28 1.54 155.94-156.94 228.2 0.87 1.08 14.37 156.94-157.98 530.8 1.71 2.08 17.16 2.78 329.05 1.02 3.12 12.38 157.98-158.38 127.6 0.55 0.27 10.83 158.38-160.20 23.2 0.06 0.81 1.13 160.20-160.80 48.8 0.2 2.89 3.29 7.35 163.49 0.55 2.15 7.97 Results from Naneco's earlier drilling include the following: Combined Depth of Silver Copper Lead-Zinc Intercept Values Values Values (m) (g/t) (%) (%) J-98-1 17.1 171.60 0.21 11.05 J-98-2 2.5 313.04 0.50 27.10 J-98-3 3.0 191.87 0.34 22.77 J-98-4 22.0 147.67 0.55 11.98 J-98-5 12.0 113.80 0.35 13.26 J-98-6 17.1 111.22 0.39 11.89 Naneco has completed a total of 30 confirmation and exploration core holes to date on Jiawula No. 2 zone with sample cutting completed onsite and one-half core samples being shipped to ITS in Vancouver for assaying. The remaining one-half core is stored at the Jiawula mine site. Assays will be ported as available. Drilling will continue through 1998, weather permitting, to explore further along the trend of zone No. 2 and to expand on the known mining resource pending completion of planned geophysical surveys.