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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: go4it who wrote (34946)	12/1/1999 6:43:00 AM
From: Aurum	Read Replies (2) of 35569

A company called Great American Gold Inc (inc in the Bahamas) is touting for money in Australia at present. They claim that they have sub-leased 8,600 acres of land from Au Consolidated Inc. This land is situated "in an area known as Gold Gulch, in Cochise County, Arizona, approximately 11 miles east of the town of Willcox." The document I have goes on to say "Adjacent to the claims held by GAG, and comprising 160 acres, are additional claims owned by a third party affiliated with Great American Gold Inc. These claims have been under development for the past 18 months. A 3,000 ton per day ore processing facility has recently been completed and this mine is now in production." Is this 160 acres, "owned by a third party affiliated with Great American Gold Inc.", the IPMCF claims? There is a reserves estimate prepared by James Coates. P. Eng., on August 7th 1998. I can give more details if anyone requires them.

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