Asia Pacific reports successful completion of 1994/5 field programs; reconnaissance program intersects record potash intersections.

VANCOUVER, BC--(BUSINESS WIRE)--May 25, 1995--ASIA PACIFIC RESOURCES (TSE, VSE: APQ) Asia Pacific Resources Ltd. is pleased to announce the successful completion of its scheduled drilling and other exploration programs for the Udon Thani potash project in northeast Thailand, and receipt of $15.6 million in private placement funding.

TAKAI-SOMBOOM DEPOSIT

As previously reported, a total of 55 diamond drillholes have been completed in this initial project area located some 20 kms southeast of the town of Udon Thani. A high-grade potash deposit, estimated to contain in excess of 250 million tonnes of sylvinite, has been discovered.

The deposit is located at shallow depth, generally less than 350 metres from surface, and is overlain by a sequence of claystones and salt layers. No problems associated with water occurrence or movement are apparent, and the sylvinite is low in insoluble particles. Preliminary laboratory tests indicate that the sylvinite should present few, if any, processing problems, and the large grain size of the contained potash is advantageous.

The deposit established to date is subject to further expansion, and it is believed that the present mineral body could support a mining operation to produce some 2 million tonnes (KCl) per annum for up to 25 years. Anticipated mining grades would probably be of the order of 25% K2O or greater, comparing very favourably with the higher grade potash mines currently operating worldwide.

1995 RECONNAISSANCE PROGRAM

In addition to the detailed drilling program completed at the Takai-Somboom deposit, a 9 hole widely-spaced reconnaissance drilling program has been completed immediately south of Udon Thani and northwest of Takai-Somboom (see attached map).

The drilling pattern extended over a distance of about 10 kms. from the previously drilled hole K-83 and has succeeded in demonstrating the potential for a very significant expansion of the sylvinite deposit underlying Asia Pacific Potash Corp.'s potash concession. The reconnaissance program covers an areal extent similar to that encompassing the Takai-Somboom area.

The area included in this program extends within about 7 kms of the Takai-Somboom deposit. It is quite possible that it represents an extension of that deposit, and this will be investigated by further drilling towards the end of 1995.

Of the nine holes completed, six were very successful, as was the previously drilled hole K-83. The preliminary results of the significant holes, as ascertained from gamma logs and drill cores, are as follows: -0-

HOLE NO.      DEPTH TO SYLVINITE          SYLVINITE ZONE
                  ZONE (M)                 THICKNESS (M)

95-55                87                        9
95-56               248                       24
95-58               188                       19
95-59               341                       14
95-61               230                        4
95-62               252                       17
K-83                195                       17 (X)

(X) The total potash interval in K-83 included two significant high-grade potash layers of 5.4m and 6.1m, grading 26% K2O and 28.5% K2O respectively. Assay grades are not yet available for the remainder of the drillholes.

The most significant potash intersection at the Takai Somboom deposit was measured at about 12 metres. Intersections drilled during the reconnaissance program were in excess of this in the majority of holes drilled. This must be viewed as extremely positive for a major increase in indicated reserves.

The remaining drillholes completed in the area (holes 95-54, 57 and 60) intersected the lower salt horizon at relatively shallow depths and little sylvinite was present. These holes are located in a line indicating a ridge across the area which may define a boundary between two substantial potash deposits. Further detailed drilling programs will fully define the overall potash potential within the large (2,333 sq. kms) concession area.

RECEIPT OF FUNDING

The company is now in receipt of private placement funds in the amount of $15.6 million, and is fully financed to undertake and complete full feasibility studies for a mining operation near Udon Thani.

It is anticipated that such studies shall commence in late-1995, and be completed within 18 months. Additionally, the company proposes to conduct on-going drilling programs to fully assess the full potential of the high grade sylvinite deposits underlying the concession area.

Asia Pacific Resources Ltd. holds a 75% interest in the project through its equity position in the Bangkok-based Asia Pacific Potash Corp. Thai Central Chemical Co. holds a 15% interest, while the government of the Kingdom of Thailand holds the remaining 10%. The Udon Thani potash concession is located some 500 kms northeast of Bangkok.

"Gerald D. Wright" President

NOTE: Location map available from the Company at the phone number listed above.

CONTACT: Gerald D. Wright, President, 604/681-8003

604/662-3180 (Fax) REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

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