Maps and PRs are best sources, besides S.I. POSTER like all you, thanks for the typing today:
I have had a South American Question and I thought of MYNG, any gram thoughts here:( From NUKE Board at RB where I spend time of late)
ragingbull.com
By: canuk
Reply To: None
Monday, 27 Dec 1999 at 11:20 PM EST
Post # of 10189
"OT: OT: Chuka take a look @mdhme , they had a drill sample news release on a property in
Chile, their numbers are outrageous could take a look and see if their findings could be
possible? thanks"
Look at the MAP....this is the same Andes Mountain Range in BOTH COUNTRYs-that are side to side next to each other. Thus, with nearness not as such so far or so near between MYNG and MDHME, but the same Geologic Time, Area, Uplift and Minerals, I should stress on the standard Geologic Integrations of such ...AND to stress the nearness of 5 gram stuff just YESTERDAY found...in Chile? By MDHME? See the MAO URL i link below, so maybe So America is just not seen as the cath basin that it may be in NEW YORK at Wall Street. The NYC folks just may have made a point, building a Five Gram Mine is easy when one HAS THE GOLD, in Majic Numbers Multiples. Extraction is a cost effective event, WHEN ONE HAS THE GOLD. Or at least the area is a GOLD ZONE. This reminds me of the Carlin and the birth there, years ago by NEWMONT.
lib.utexas.edu
Chucka
to -- MDHME
Medinah Mining Pulls Hot Drill Hole At Alto de Lipangue, Chile
Medinah Mining Pulls Hot Drill Hole At Alto de Lipangue, Chile
LAKE ELSINORE, Calif., Dec 27, 1999 (BUSINESS WIRE) -- The Board of
Directors of Medinah Mining, Inc. are pleased to announce that assay
results from diamond drill hole 99-08, first of a current three-hole
program, have been received. The drill hole intersected the gold/copper
breccia pipe target at a depth of 122 meters. Drilling was stopped at
170 meters, still in mineralization and will be completed to total
depth starting the second week of January, 2000.
Assays results show that the drill hole was mineralized from 123 to 170
meters and assayed 4.80 grams gold and 0.495% copper over the entire
length of 44 meters (144.35 feet). Included in this large section was
an intersection of 9 meters (29.52 feet), from 128 to 137 meters,
grading 7.02 grams gold and 0.63% copper and a 4 meter intersection,
from 149 to 153 meters, grading 30.83 grams gold and 1.94% copper. The
drill core was assayed in one-meter increments and assayed at Acme
Analytical in Santiago, Chile. Confirmation assays to confirm these
results are pending.
The hole was spotted 50 meters south of discovery hole 99-03 and
drilled at a dip of -70(0) on an azimuth of 360 degrees due North, in
order to locate the southern extension and true width of the breccia
pipe. This intersection has confirmed the geological theory and I.P.
interpretations that the breccia pipe plunges at a steeper angle to
depth.
The Alto de Lipangue gold/copper property is located 30 kilometers
northwest of Santiago, Chile.
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 results could
differ materially from those anticipated 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.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: RGM Communications Inc.
800/547-9375
800/774-5133,
604/687-1414
www.medinahmining.com
WEB PAGE: businesswire.com
Applies to -- MYNG
Golden Eagle Announces the Acquisition of Two Large Mining Claims in the Historical Tipuani Gold Mining District
Golden Eagle Announces the Acquisition of Two Large Mining Claims in
the Historical Tipuani Gold Mining District
SALT LAKE CITY, Nov 22, 1999 (BUSINESS WIRE) -- Golden Eagle
International, Inc. (OTC Pink Sheets: MYNG) announced today that it has
acquired two mining claims in the Tipuani Gold Mining District which,
combined, total 44,046 acres.
These newly acquired claims surround the 4,952 acres of claims
containing the Cangalli gold deposit that Golden Eagle currently
controls under contract, and which the Company has been exploring for
the past four years.
The newly acquired claims, consisting of 44,046 acres, are 100% owned
by Golden Eagle International, Inc., and are free of any royalty
obligation. The Company's only obligation with respect to these new
claims is an annual claims fee payment (patent) to the Bolivian
government of $17,825. These new claims, owned outright by Golden
Eagle, together with those claims under the Company's contractual
control, give Golden Eagle exploration and mining rights to a total of
49,573 acres in the Tipuani Gold Mining District. The Company's claim
holdings now extend over 18 miles in length, and between six to 10
miles in width, covering a large portion of the ancient Paleo-Tipuani
river system and its gold-bearing conglomerates. These are the same
Paleo-Tipuani gold-bearing conglomerates which Golden Eagle has been
exploring on the Cangalli claims for the past four years.
Ronald L. Atwood, Ph.D., former chief metallurgist for Newmont Mining,
and a member of Golden Eagle's Technical Advisory Board, stated:
"I have covered the entire length of these new Golden Eagle
claims and have observed hundreds of small, informal gold mining
operations over that entire length. My observations of both
surface and underground operations have lead me to the opinion
that Golden Eagle's new claims overlay a huge portion of the
ancient Paleo-Tipuani river system refilled with gold-bearing
cemented conglomerates. I have expressed to Golden Eagle that
there are at least ten promising exploration targets for open pit
prospects within the new claims."
Golden Eagle's President, Terry C. Turner, said:
"This is one of the most important days in Golden Eagle's
history. We have carefully built a strategy which allows us to
take a dominant position in this venerable and highly productive
Tipuani Gold Mining District, which literally has a gold mining
history dating back over 400 years to the Inca civilization. Now,
Golden Eagle needs to continue seeking the financing or joint
venture partner necessary to bring its Cangalli property into
commercial production."
Golden Eagle International, Inc. is a gold exploration and mining
company located in Salt Lake City, Utah. The Company is currently
focusing its efforts on developing its mining rights in the Tipuani
Gold Mining District in Bolivia. For more information about the
Company, call Sabrina Martinez at 801/619-9320 or Guy Murrel at
303/581-7760. Media inquires should be directed to Mr. Murrel. Golden
Eagle can also be found at its website: www.geii.com, where management
recommends that all shareholders and prospective shareholders review
its Annual Reports on Form 10-KSB, Quarterly Reports on Form 10-QSB and
Current Reports on Form 8-K.
The future conduct of Golden Eagle's business and its response to
issues raised by third parties are dependent upon a number of factors,
and there can be no assurance that Golden Eagle will be able to conduct
its operations as contemplated. Certain statements contained in this
report using the terms "may," "expects to," and other terms denoting
future possibilities, are forward-looking statements. The accuracy of
these statements cannot be guaranteed as they are subject to a variety
of risks which are beyond Golden Eagle's ability to predict or control
and which may cause actual results to differ materially from the
projections or estimates contained herein. These risks include, but are
not limited to, the risks described in the above press release; those
risks set out in Golden Eagle's disclosure documents and its annual,
quarterly and periodic reports; and the other risks associated with
start-up mineral exploration operations with insufficient liquidity,
negative working capital, and no historical profitability. Golden Eagle
disclaims any obligation to update any forward-looking statement made
herein.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: Golden Eagle International, Inc., Salt Lake City
Sabrina Martinez, 801/619-9320
or
Catapult PR-IR, Boulder, Colo.
Guy Murrel, 303/581-7760
WEB PAGE: businesswire.com
Now we see 5 GRAMS again mentioned ...Middle of Country is MYNGs location I just saw...so near is OK, and now I see 5 GRAMs again:
Dual 5 Grammer BOTH COMPANYs...and B-D verrified the anomoly at MYNG:
geii.com
In its summary, Behre Dolbear's report states:
"Based on specific observations within Golden Eagle's Cangalli landholding and the sample
results, Behre Dolbear noted that:
"visible alluvial gold was recovered from 68 of 73 samples [93%] of Cangalli
conglomerate taken from six widely separated areas, indicating that the Cangalli
conglomerate is mineralized over an extensive vertical and horizontal section, albeit in
the erratic, non-predictive manner typical of most alluvial deposits;
"gold recovered from the samples indicates grades ranging from zero to 5.64 g Au/m3.
The mineralization is very erratic, sometimes changing from <0.01 g Au/m3 to >1.0g
Au/m3 in a vertical distance of 1-meter;
"using 0.8 g Au/m3 as a threshold grade of gold sufficient to warrant further
consideration, 17 of 73 samples of the Cangalli conglomerate were in excess of this
exploration target grade from four areas: Chaco [0.91, 0.96, 1.09, 1.14, 1.31, 1.80, and
4.56 g Au/m3], Isuhuaya [0.92, 1.01, 1.14, 1.40, 1.53, and 3.64 g Au/m3], Flor de
Mayo [1.10, 2.41 and 2.79 g Au/m3], and Cangalli (within the town limits) [5.64 g
Au/m3];
"the four surface areas, Chaco, Isuhuaya, Flor de Mayo and Cangalli, are considered
potential targets for further exploration to determine the extent of the higher grade
material;
"while no samples were taken from the Cangalli underground mine, the operation was
visited and based on the observations of the Behre Dolbear personnel [two
unsupervised mine runs which averaged 4.28 g Au/m3 and 21.55 g Au/ton], further
consideration is recommended to confirm the existence of high grade material; and
"the Paleozoic bedrock in the Camino Maderero area sampled is not a potential
source of primary gold mineralization.
"Behre Dolbear took a limited number of samples during the investigation. The program was
not designed as a representative sample analysis for various reasons, including the areal
extent of the property (approximately 40 square kilometers [24 square miles]), the thickness
of the conglomerate (500 m [1,600 feet] to 2,500 m [8,000 feet] in thickness), and access to
various sites (steep hills and valleys, many with +75º slopes)."
Chuckandes |
