| <PRECAMBRIAN SHIELD RESOURCES LTD> YEAR LOSS | |
| Shr loss 1.93 dlrs vs profit 16 cts | |
| Net loss 53,412,000 vs profit 4,479,000 | |
| Revs 24.8 mln vs 32.7 mln | |
| Note: 1986 shr and net include 51,187,000 dlr writedown on | |
| U.S. operations, uneconomic coal operations and other mineral | |
| properties | |