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Gold/Mining/Energy : Holmer Gold Mines

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To: Midas who wrote (713)	10/12/1999 8:37:00 AM
From: lorne	Read Replies (2) of 739

Hi Midas. Yes that helps thanks. Some info on St Andrews Gold Fields......... St Andrew Goldfields Ltd - ...... " The company is seeking to improve utilization of the mill capacity with additional custom mill feed from other shippers." ......... ...... " Despite volatile gold prices and stock markets, the company believes it is on track to accomplish its 1999 objectives of commencing profitable mine production, expanding the mill capacity to 1,500 tonnes per day, reducing the average annual milling cost to $13.00 per tonne and custom mill a minimum of 325,000 tonnes of ore. " ........... Full report from last June / 99 >>>>>>>> Message 9902803

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