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HARISTON CORPORATION ANNOUNCES JOINT VENTURE

 BURLINGTON, Ontario, Jan. 8 /PRNewswire/ -- Hariston Corp. announces that Metanetix Corp., through its wholly owned subsidiary, Metanetix Mining Inc. has, subject to completion of testing, entered into a joint venture with Kelly Resource Recovery Corp. to recover, on a commercial basis, minerals from the water in the Kelly mine situate in Butte, Mont. Kelly Resource estimates that the Kelly mine contains approximately 3.9 billion gallons of water.
 Metanetix Mining Inc. and Kelly Resource 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 Mining Inc. is currently evaluating and completing its tests and reviewing the engineering requirements.
 Metanetix Corp., which is owned 75 percent by Hariston, holds an exclusive global license to a proprietary metal recovery technology.
 Kelly Resource Recovery Corp. is a wholly owned subsidiary of Western and Pacific Resources Corp., a British Columbia public company whose shares trade on NASDAQ under the symbol WNPRF.
 -0- 1/8/93
 /CONTACT: Joseph Duggan, director of Hariston, 416-639-9998/
 (WNPRF)


CO: Hariston Corp.; Metanetix Mining Inc.; Kelly Resource Recovery
 Corp. ST: Ontario IN: MNG SU: JVN


JB -- LA020 -- 3250 01/08/93 19:39 EST
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Publication:PR Newswire
Date:Jan 8, 1993
Words:244
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