INSIDER TRADING (May 25, 1998)

* First Dynasty Mines (FDM-T) — Jonathan Challis, director, was granted 75,462 options at 39cents to hold 140,462; Beverly Downing, director, was granted 75,462 options at 39cents to hold 150,462; Derek Fisher, director, was granted 75,462 options at 39cents to hold 140,462; and Ramon Recto, director, was granted 75,462 options at 39cents to hold 145,462.

* Geomaque Explorations (GEO-T) — John Paterson, director, exercised 100,000 options at $1.28-1.40 and sold 90,000 of those shares at $2.50-2.52 to hold 413,000 options and 236,042 shares; Phillip Walford, director, exercised 30,266 options at $1.40 and sold 28,000 of those shares at $2.40-2.50 to hold 22,734 options and 14,766 shares.

* NovaGold Resources (NRI-T) — Angus MacIssac, director, bought 117,600 shares at 80cents-$1.50 and sold 1,000 shares at $1.30 to hold 181,621 shares and 695,000 options.

* Pure Gold Minerals (PUG-T) — Donald Sheldon, director, exercised 250,000 options at $1 and sold those shares at an equivalent price, along with 10,000 more at $1.04-1.05, to hold an undisclosed number of options and 149,408 shares.