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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

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To: Jeffrey S. Mitchell who wrote (321)8/11/1999 2:01:00 PM
From: Tim Hall  Read Replies (2) of 2392
 
Jeff,

I spoke with International Uranium Corp.'s General Manager of Mining Operations located in Fredonia, Arizona.

He told me that he was aware of Don Blackburn, World Vanadium and Mr. Blackburn's stock broker (his words) Gordon. He said that they have had numerous discussions about the possibility of selling/leasing/contract mining arrangements with World Vanadium. To this date, World Vanadium has not mined any ore used at the mill in Blanding. IU mines all of their own ore from their own mines, with the exception of a contractor who operates one of their mines. He told me that World Vanadium has also expressed interest in buying out this contractor but they just talk and never do anything about it. He was not aware of any claims that WV might have with proven reserves or that were permitted. He was not aware of any mining equipment owned by World Vanadium. His opinion was that at this point World Vanadium is a wannabe uranium and vanadium mining company.

Tim Hall
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