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Cambior and Golden Star Resources - Gross Rosebel Mining Reserves Increase to 1.8 Million Ounces

Business Wire, May 8, 1997

MONTREAL--(BUSINESS WIRE)--May 8, 1997-- Cambior (ME, TSE, AMEX CBJ.) Golden Star (TSE GSC., AMEX GSR.) Cambior Inc. and Golden Star Resources Ltd. announce an increase in estimated mining reserves at the Gross Rosebel project in Suriname. Proven and probable mining reserves at Gross Rosebel are now in excess of 35 million tonnes grading 1.6 g Au/t, representing approximately 1.8 million ounces of gold in situ, a 32 percent increase over the September 1996 estimate at a higher grade.

                     March 1996   September 1996   May 1997
                     __________   ______________   ________

Hard Rock (1)

  Tonnage
   (000 tonnes)          3,459        8,590          11,700

        Grade (g Au/t)     1.8          1.8             2.0

Soft Rock (2)

  Tonnage
   (000 tonnes)         20,594       21,860          23,750

        Grade (g Au/t)     1.3          1.3             1.4

Total (3)

  Tonnage
   (000 tonnes)         24,053       30,450          35,450

        Grade (g Au/t)     1.4          1.5             1.6

        Ounces in situ 1,088,000   1,389,000      1,845,000

           Strip Ratio   2.9:1         2.8:1          2.9:1

(1) Hard rock cutoff grade of 0.7 g Au/t
(2) Soft rock (saprolite ore) cutoff grade of 0.4 g Au/t
(3) Reserve calculation was based on a gold price of $400/oz

The above forward-looking statements involve risks and uncertainties including those relating to exploration, the establishment of reserves, the approval of the feasibility study, potential mine development and the recovery of any reserves. Please refer to a discussion of these and other factors in Golden Star's 10-K, 10-Q and other Securities and Exchange Commission filings.

CONTACT: CAMBIOR INC.

Geoffrey King (Media Relations), 514/ 878-8206

514/ 878-3324 (FAX)

http://www.cambior.com

info@cambior.com

CAMBIOR INC.

Robert LaValliere (Investor Relations), 514/ 878-1282

514/ 878-3324 (FAX)

http://www.cambior.com

info@cambior.com

CAMBIOR INC.

Victoria Putnam (Investor Relations), 514/ 878-3166