AntOro -- 50 Percent Option on Three Promising Mineral Deposits.

MONTREAL--(BUSINESS WIRE)--June 25, 1998--(ME:ORE) AntOro Resources Inc. is pleased to announce that it has signed a letter of intent with SOQUEM to acquire a 50 percent interest in the Clairy property. Located 115 km North of Chibougamau, the Clairy property is in the South-Eastern part of the Frotet-Troilus belt. Consisting of 108 claims, the property covers an area of 1,728 hectares (17.28 km2) and includes the De Maures, Yorbeau and Selco deposits.

The De Maures deposit contains indicated resources of 350,000 t. grading 7.84 percent Zn, 1.35 percent Cu and 22.31 g/t Ag. Drillings are expected to increase resources. The area West of Clairy hosts the Domergue deposit (1.2 Mt grading 3.35 percent Zn, 1.96 percent Cu and 0.72 g/t Au), the Moleon deposit (184,000 t grading 3.4 percent Zn and 1.56 percent Cu) and the Tortigny deposit (450,000 t grading 7.0 percent Zn,2.5 percent Cu, 66.0 g/t Ag and 0.3 percent Pb). All deposits are inside the Frotet-Troilus belt which also hosts the Troilus mine (45 Mt grading 1.4 g/t Au and 0.15 percent Cu) and the Troilus Free Gold deposit (15,900 t grading 16.43 g/t Au).

The deposits are located in massive sulphides of volcanogenic  origin fixed in lithostratigraphic horizons favourable to the agglomeration of base metals. Clairy with its three deposits offers an excellent potential for the discovery of peripheral orebodies that should increase the current resources.

AntOro can earn a 50 percent interest in the property by investing one (1) million dollars in exploration work over the next three (3) years. The initial work will consist of diamond drilling  on the extensions of the De Maures deposit as well as some drillings outside of the deposit. Diamond drilling on the Yorbeau deposit and its extensions over many kilometres is also planned. Three anomalies carrying sections of strong conductivity need to be stripped, channel sampled and drilled. The anomalies occur within horizons which could host massive sulphides of volcanogenic origin. -0-

Some of the most interesting previous drilling results include:
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NAME OF DEPOSIT   DRILL HOLE   GRADES
                               Zn(percent) Cu(percent) Length(m)
________________________________________________________________
De Maures         1171-96-01     10,1        1,30        9,1
                  1171-96-04      4,01       2,65        2,45
________________________________________________________________
Yorbeau           22125           7,2        3,4         1,52
                  14880           4,0        2,64        0,76
                  14882           -          0,82        6,86
________________________________________________________________
Selco            1171-96-02       0,11       1,42        3,2

-0-

Initially, the program will include a Pulse-Em drilling survey to evaluate the potential surrounding certain drill holes in the vicinity of the De Maures and the Yorbeau deposits. A reconnaissance drilling campaign is planned around the better horizontal electromagnetic anomalies and follow-up drilling will be carried out around the better intersections obtained during previous drilling campaigns.

SOQUEM will remain the operator for exploration works as long as it maintains its interest at or better than 50 percent. In the event of commercial production on the Clairy property, AntOro can elect the operator.

The transaction is subject to the approval of the regulatory authorities.

AntOro Resources Inc. is a junior mining company with exploration properties in Colombia and Canada. The company is listed on the Montreal Exchange under symbol "ORE"

   CONTACT:  AntOro Resources Inc.
              Francois C. DESROSIERS (in Montreal), 514/982-6044 ext. 225
              514/982-9559  (FAX)
                   or
              AntOro Resources Inc.
              Jordan STARKMAN (in Toronto), 416/993-1220
              514/982-9559  (FAX)