Busang

On behalf of our client, we would like to thank you for your coverage of Krueng Gasui's position regarding the Busang gold mine (May 6, 1997). However, it appears there is a misperception which needs to be clarified. Krueng Gasui, the minority Indonesian shareholder in Busang, supported by Golden Valley Mines NL of Australia, stated that:

* Krueng Gasui is in no doubt that the Strathcona report is correct.

* As the Strathcona report refers only to the Southeast zone, Krueng Gasui, as one of the shareholders of PT Westralian Atan Minerals (WAM), requires the opportunity to evaluate Bre-X's data for itself, together with the original 1988 to 1989 exploration data. This is to determine whether any further work is justified.

* Krueng Gasui intends to continue with its efforts to have the Busang II and III Contract of Work application areas amalgamated into PT WAM's contract area to uphold the integrity of the Contract of Work system.

MIRIAM TULEVSKI

Technical Advisor

NAMA Network Communications

Jakarta