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WESTERN AND PACIFIC RESOURCES CORP. SUBSIDIARY KELLY RESOURCE RECOVERY ENTERS INTO JOINT VENTURE

 VANCOUVER, British Columbia, Jan. 8 /PRNewswire/ -- Western and Pacific Resources Corp. (NASDAQ: WNPRF) announces that its subsidiary "Kelly Resource Recovery Corp." has, subject to completion of testing, entered into a joint venture with Metanetix Mining Inc., a wholly owned subsidiary of Metanetix Corp., to recover, on a commercial basis, minerals from the water in the Kelly mine situate in Butte, Mont. It is estimated that the Kelly mine contains approximately 3.9 billion gallons of water.
 Kelly Resources and Metanetix Mining Inc. will participate in the joint venture on a 50/50 basis, with Metanetix Mining Inc. acting as operator. In addition, Metanetix Mining Inc. will be responsible for all capital costs and will be required to construct, on a best- efforts basis, a plant within 120 days with a capacity to treat at least 6,000 gallons per minute for the purpose of commercially recovering the minerals from the water. Metanetix personnel are currently evaluating and completing the testing and reviewing the engineering requirements.
 Metanetix Corp. holds an exclusive global license to a proprietary metal recovery technology. In the view of Metanetix Mining Inc., the proprietary metal recovery technology will remove minerals and metals from the water on a cost-effective commercial basis. Metanetix Corp. is owned 75 percent by Hariston Corp., a public company whose shares trade on NASDAQ under the symbol HRSNF.
 As a result of the agreement entered into with Metanetix, Western and Pacific will not be proceeding with the bond issue previously announced.
 -0- 1/8/93
 /CONTACT: Lawrence D. Barr, director 604-669-1322/
 (WNPRF)


CO: Western and Pacific Resources Corporation ST: British Columbia IN: SU:

EH -- LA016 -- 3132 01/08/93 15:44 EST
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Publication:PR Newswire
Date:Jan 8, 1993
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