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YAAK RIVER RESOURCES ACQUIRES DEED FROM OWNERS OF MINING CLAIMS

 DENVER, Jan. 14 /PRNewswire/ -- Yaak River Resources Inc. (OTC Bulletin Board: YAAK, YAAKU) President William E. Simmons reported that Yaak has acquired a quiet-claim deed from the owners of 25 contiguous mining claims in the Yaak Valley of North Western Montana. Estimated book value could exceed $3 million.
 With this acquisition Yaak River Resources has completed the first objective which was to have a single company in possession of the Morning Glory structure.
 The Morning Glory vein has a known strike of over 14,000 feet and has surface widths of 3 to 80 feet. The claims recently acquired contain more than 542,000 tons of reserves with a reported grade of 0.147 opt Au and 1.444 opt Ag. The potential to increase those reserves is without question, management reports, as the structure is open along strike and open to depth.
 Exploration drilling on strike and down dip from the area where the reserves are contained verified structure and confirmed the fact that the structure contains significant values in gold and silver. Infill drilling will be required to determine the tons and grade that can be included as drill indicated. Over 40 holes have been drilled through the Morning Glory and drill targets are easily defined.
 With this additional property Yaak believes it can meet or exceed some of the requirements to qualify for NASDAQ.
 Colorado Property
 In the fall of 1993 Yaak produced a concentrate from a number of test pits at the Salida, Colo. placer claims. The concentrates contained gold, silver and between 7 and 10 pounds of black sands per ton of material sampled. Yaak is waiting for assay results from the black sands. The decision to continue Yaak's interest in this property will be, in part, based upon the results of the assays.
 -0- 1/14/93
 /CONTACT: William E. Simmons of Yaak River Resources, 303-985-9298; or 303-756-2616/
 (YAAK)


CO: Yaak River Resources Inc. ST: Colorado IN: MNG SU: TNM

BB -- DV002 -- 2046 01/14/94 08:55 EST
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Publication:PR Newswire
Date:Jan 14, 1994
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