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LAC MINERALS RECENT DRILL RESULTS FROM THE NEVADA PROJECT IN CHILE

 TORONTO, March 18 /PRNewswire/ -- Lac Minerals Ltd. (NYSE: LAC) announced today results from eight additional drill holes from the company's 1992/1993 drill exploration program on the Nevada project in Chile (all amounts are expressed in United States dollars).
 The 45,000 acre project is located about 30 miles north of Lac's El Indio Mine at an elevation of 15,000 feet. The property is owned by Compania Minera Nevada of which Lac indirectly, through its Chilean subsidiary, owns 80 percent with the balance being held by the original Chilean owners. The recent drilling has continued to outline gold mineralization confirming the potential for a large tonnage, open pit mineable gold deposit.
 Highlights from the recent drilling include:
 RDH-43: 492 ft. grading 0.291 Au opt and 0.20 Ag opt, including an intersection of 266 ft. grading 0.478 Au opt and a section of 105 ft. grading 1.141 Au opt.
 RDH-44: 502 ft. grading 0.041 Au opt.
 RDH-46: 108 ft. grading 0.086 Au opt.
 The results from the eight new drill holes have extended the sub horizontal tabular gold and silver mineralized zone 400 feet to the south from the previous drilling . These drill holes including the previously released drill holes have now tested an area of about 1,300 by 1,000 feet. Results received to date show grades ranging from 0.010 ounces per ton gold over 82 feet to 1.141 ounces per ton gold over 105 feet (see table). This range of grades would allow either or both heap leaching and conventional milling processes to be employed, and preliminary metallurgical testwork is underway. The mineralized zone is open to the southwest and step out drilling is focused in this direction. Previous surface work has discovered mineralization outcropping about one mile to the southwest at the same elevation in a similar rock type. Presently roadwork is being done to enable the company to test this area by drilling before the onset of winter.
 1993 NEVADA PROJECT DRILL RESULTS
 Hole From To Length Gold Silver
 No. (ft.) (ft.) (ft.) (opt) (opt)
 RDH-43 0 492 492 0.291 0.20
 includes 0 62 62 0.106 0.39
 and 85 105 20 0.048 0.22
 and 121 387 266 0.478 0.09
 incl 135 240 105 1.141 0.03
 and 446 492 46 0.134 0.75
 RDH-44 0 502 502 0.041 0.26
 includes 72 213 141 0.081 0.40
 and 262 276 14 0.034 0.07
 and 371 433 62 0.039 0.03
 RDH-46 0 108 108 0.086 0.61
 includes 3 52 49 0.157 1.02
 RDH-47 0 66 66 0.013 0.66
 RDH-47 115 151 36 0.022 2.18
 RDH-47 164 187 23 0.052 5.13
 RDH-47 289 325 36 0.023 0.50
 RDH-48 3 85 82 0.010 0.76
 RDH-48 220 348 128 0.017 0.18
 RDH-48 430 600 170 0.026 0.54
 includes 436 466 30 0.040 0.56
 and 548 574 26 0.047 1.02
 RDH-49 515 656 141 0.011 0.61
 RDH-50 404 568 164 0.039 0.36
 includes 420 476 56 0.057 0.35
 and 522 558 36 0.050 0.31
 RDH-51 62 213 151 0.038 4.66
 includes 62 102 40 0.096 13.66
 RDH-51 318 610 292 0.048 0.50
 includes 413 505 92 0.111 1.17
 Note: Intervals preceded by a hole number are composited at a 0.01 ounce per ton (opt) gold cutoff, all others at 0.027 opt gold cutoff.
 -0- 3/18/93
 /CONTACT: Don Fenton, manager, public affairs of Lac Minerals Ltd., 416-777-2400/
 (LAC)


CO: Lac Minerals Ltd. ST: Ontario IN: MNG SU:

WB -- NY014 -- 7341 03/18/93 09:34 EST
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Date:Mar 18, 1993
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