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Gold/Mining/Energy : BRAZIL - Next area play?

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To: Lindsay Thomas Tobin who wrote (63)11/19/1996 9:47:00 AM
From: Dr. Matthew L. Manson   of 97
 
Hi Lindsay

We have diamond, sapphire and alexandrite properties in Minas Gerais. We have programs planned for these, but since we hold them 100% we can afford to to put all our resources at the moment into our gold and base metal properties in the Alta Floresta region of Mato Grosso state, which have a potential we can't ignore. These include the massive sulphide (VMS) discovery at Aripuana (up to 15.3% Lead/Zinc over 27feet giving a $170/tonne gross metal value, open along strike and at depth) and our quartz-stockwork gold property at Trairao. We have been press releasing drill results from Aripuana since September, and have just started our drill program at Trairao. These releases are on our website (www.ambrexmining.com).

Regards, Matt Manson
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