NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: MAUDE LAKE EXPLORATION LIMITED

ME SYMBOL: MAU

AND SIRIOS RESOURCES INC.

ME SYMBOL: SOI

JANUARY 27, 1999

Maude Lake and Sirios Staking Claims in Lac Rocher Area,
James Bay

MONTREAL, QUEBEC–The officers of MAUDE LAKE EXPLORATION LTD.
(“MAUDE”) and SIRIOS RESOURCES INC. (“SIRIOS”) are pleased to
announce the signature of an agreement relating to claim staking
in the Lac Rocher area, James Bay, 120 kilometers north-east of
Matagami, near the Nuinsco’ nickel-copper discovery. Two staking
crews are actually at work in the field.

Furthermore, an exclusive staking right request was filed last
week with the Ministere des Ressources naturelles du Quebec. Some
areas neighbouring the Nuinsco discovery necessitating a
government approval are included in this request.

MAUDE and SIRIOS are exploration companies active in Quebec.
Their shares are listed for trading on the Montreal Exchange under
MAU and SOI, respectively.

 

For more information:
Dominique Doucet, CEO
ddoucet@sirios.com
Phone: 514-510-7961

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