release......
Medinah Energy: FIRST TARGET
LAKE ELSINORE, Calif.--(BUSINESS WIRE)--Feb. 17, 1999--
FIRST TARGET
Gordon House P. Geo., reports from Chile on progress of drilling program, Alto de Lipangue project.
Diamond drilling crews have set up on the first of several anomalies identified by a previously conducted IP survey on Medinah's Alto de Lipangue project. The first target is an IP high.
At latest report, Mr. House noted the drill core recovered at the 30-meter level passed through a flat shear zone of andesite dipping underneath the breccia cap. The andesite indicates a classic sulfide halo that would surround a porphyry system. Mr. House stated that he has not seen this amount of sulfide in andesite on the surface of the property. Drilling continues.
On behalf of the Board of Directors Per: Larry Regis, President
Note: This News Release may contain certain "forward-looking statements within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Energy, Inc. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipate in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
CONTACT: Medinah Energy, Inc.
Investor Relations
Ralph or Alan, 888/572-0170
http:/www.medinahenergy.com
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