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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: coug who wrote (15789)6/20/1999 6:42:00 PM
From: Mike Gold   of 25548
 
Coug, please go back and reread the last press release carefully. It basically states that if the planned drilled program goes as they think-there will be an inferred resource of $200 million at the LDM shear zone-not that they have it right now. Certainly they do not even have enough info at the present to make an inferred estimate although an educated guess is fine.

In regards to the Greg Lillar report-the 25 million tons estimate potential is correct for the the breccia pipe target to the 300 meters level or so. The real target however, is the intrusive related minerlization found at depth and South of the previous drill program which is suggested by geologic model and the newest GEODATOS IP survey and down hole mag that was conducted. Water cooler talk puts the potential at 500 million tons or more. Until they actually get some deep holes into the intrusive-it is merely hopeful specualation. The 16 Major mining companies including the largest mining companies in the world feel its a very strong bet or they wouldn't be wasting their time.
Cheers.
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