Delta drilling results please partners

Encouraging drilling results from the Delta platinum property in the Cape Smith area of Ungava in northern Quebec have been reported by the three companies involved in the project.

Falconbridge Ltd. (TSE), Oasis Resources (ME) and Messeguay Mines (ME) report their 1988 campaign consisted of six holes representing 7,416 ft. Purpose of the drilling campaign was to test the extensions of the Delta 8 and Delta 9 zones. Among the better results: Zone HoleWidthNiCuPgm (ft)(%)(%)(g/mt) Delta 8 north D88/10424.13.92.333.7 D88/100 4 4.84.5 3.8 Delta 8 south D88/101 2 4.60.6 4.4 1.66.10.2 3.3 D88/103 3 2.90.2 1.2 Delta 9 D88/106 5 5.34.3 5

Falconbridge has a 51% interest, Oasis 34% and Messeguay 15% in the project.