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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Claude Cormier who wrote (13087)5/12/2000 2:50:00 PM
From: Quickdraw  Read Replies (1) of 14627
 
Refresh of where we are and a rough estimate of what will be happening over the next few months:

The week of May 21: News release regarding construction of drill pads, further surface sampling, cliff sampling from the central area and the east side of the ridge (just outside of the corridor) at the south zone and an update on road/ access road construction.

Late May: One bulldozer arrived on-site on Thursday May 11, the other is expected soon. Road construction to the Luicho property is expected to take +- approximately 2 weeks to complete. Construction of access roads/ drill pad sites will start shortly thereafter. This may take 4-6 weeks to complete although with two bulldozers working 24 hours a day this period of time may be shortened. Drilling will begin after 3-4 weeks as drill pad construction continues.

May (in the next 2-3 weeks?): Financing announced.

End of May: (1-1.5 hour) information sessions provided to investors/ analysts over a 3-4 day period in Vcr and Tor.

May 31/June 1: PFG invited to attend NY conference. iiconf.com

June: A one week analyst tour of the Luicho property begins on or before drilling takes place.

Mid-late June: News release regarding construction of drill pads, surface, cliff and road cut sampling results, column leach test results and drilling start-up. Drilling is expected to begin at Luicho with two RC drills (minimum 35-40 300m holes) (minimum 12,000 meters). First results are expected approximately 3-4 weeks after drilling commences.

Mid- late July: News release with first drill results. Diamond drill arrives to continue drilling.

More detailed information to come this weekend. I am still compiling.

Qd
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