August 6, 1997 TRADING SYMBOL: ASE.FTR

Director Resigns
New Director Appointed

Firesteel Resources Inc. announces that Mr. Michael Kilbride has resigned as a Director of the Company.

Firesteel Resources Inc. is pleased to announce that Mr. Michael McInnes has been appointed to the Board of Directors of the Company. Mr. McInnes has 25 years of exploration experience throughout the world. His last 15 years have been spent as the President of International Curator Resources, which recently has been developing the Boleo Copper/Cobalt Property in the Baja region of Mexico. Mr. McInnes' technical expertise should significantly enhance Firesteel's strong technical team.

ON BEHALF OF THE BOARD OF DIRECTORS OF
FIRESTEEL RESOURCES INC.

David G. Dupré, President

 

The Alberta Stock Exchange has neither approved nor disapproved the information contain herein.

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