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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: C Hudson who wrote (8431)	7/7/1998 10:42:00 PM
From: Vince Moretto	Read Replies (1) of 34075

My understanding is that they are not extrapolating to source rock, but to a deposit which has occured as the result of erosion over many centuries: History of Prospective Mining Property in Bolivia ------------------------------------------------- More than ten thousand years ago, an ancient river flowed from the Cordillera Real Mountains of the Andes to the tropical jungle area where it converged with two other rivers. This ancient river, known today as the Tipuani River, carried with it deposits of gold which were disbursed in its bed along its length, from the head of the river to the convergence. As time passed, these deposits were covered by other alluvial deposits as the valley filled with material washed away from the surrounding mountains with each season's flooding and erosion. The Tipuani River, containing significant amounts of alluvial gold deposits, was for centuries one of the Incan Empire's sources of gold. Tipuani, Bolivia is located just 2 km from Cangalli, Bolivia and the site of Registrant's current exploration operations.

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