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Gold/Mining/Energy : Quinto Mining QUITF and QU.V
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To: banco$ who wrote (86)1/10/2000 4:13:00 PM
From: David Wiggins  Read Replies (2) of 103
 
January 10, 2000 Corporate Update

THE QUINTO MINING CORPORATION (?The Company?) would like
to update it?s shareholders on recent events. The share value has
increased recently without any material change to the Company?s
affairs.
With the recent strengthening in the natural resource sector,
management believes that the investing public is beginning to
appreciate
that Quinto is well positioned to benefit as the Company is continuing
preparations of the Lumby Project for production.

Management remains extremely pleased with the level of interest being
shown for the Company?s various minerals, as the Company has been
shipping samples to various interested parties, as part of it?s sales
program. The Company?s products are currently being assessed by
several potential customers. Although this has been consistent in the
course of our sales efforts, the Company believes that with the
completion of it?s prospectus financing, and thereby having capital
capacity, and the increased profile and knowledge of the Company?s
products through marketing efforts the Company now has a more
favourable opportunity to begin to realize results from its marketing
efforts.

On Behalf of the Board of Directors

Per: ?Tyrone Docherty?

Tyrone Docherty, President
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