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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Krikor who wrote (2218)6/14/1999 7:44:00 PM
From: James N. Wilson  Read Replies (2) of 4504
 
Krikor - from what I can gather, events in Peru seem to be shaping up nicely. With a bit of luck, the next weeks and months ahead could prove to be exciting for MAN share holders.

Two drills are currently in use with the third expected next week.

At this time about 20 holes have been completed. Drilling commenced at the discovery (TG1) and now 75M step-outs to TG3 (south) are underway.

The financing will be finalized tomorrow (6/15/99)

Previous BRGM cores (oxide layer) are being sampled for gold, results
due in about a week. Following this, sampling of the sulphide zone with results expected in couple of weeks or so.

After the BRGM sampling results are out we should expect to see assays from the new drilling.


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