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AURTEX ANNOUNCES THE APPOINTMENT OF

 SAN FRANCISCO, Jan. 5 /PRNewswire/ -- Aurtex Inc. (NASDAQ: AURT) announced today that its board of directors appointed Trevor S. Schultz president and chief executive officer, and elected him to the board of directors of the company.
 Schultz has over 20 years of extensive worldwide executive and management experience in mineral mining and exploration. During the past 14 years he has been employed by BHP Minerals in various executive capacities, including positions in the United States and Australia. Most recently he was group general manager and senior vice president, BHP Minerals. BHP is one of the leading mineral mining and exploration companies in the world.
 Schultz has a B.S. and M.S. in mining engineering and an M.A. in economics. He is a graduate of the University of Witwatersband, of Trinity College, Cambridge (England), and of the Harvard Business School (AMP).
 The former president and chief executive officer has retained his position as chairman of the board.
 Aurtex Inc. is engaged in Gold Exploration in the United States. The company uses its own proprietary advanced technology in its gold exploration activities.
 -0- 1/5/94
 /CONTACT: Robert Kohn of Equity Resources International, 800-799-9666 or 609-234-9666/
 (AURT)


CO: Aurtex Inc. ST: California IN: MNG SU: PER

RB-SG -- SF015 -- 9371 01/05/94 13:22 EST
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Publication:PR Newswire
Date:Jan 5, 1994
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