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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.46

-0.9%

Oct 31 3:59 PM EST

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To: VAUGHN who wrote (4048)	5/14/2000 7:19:00 PM
From: Dave R. Webb	Read Replies (2) of 4066

I was referring to the proposal from Hudson Bay Exploration and Development Company Limited: sedar.com The properties that were acquired by Tyhee Development Corp back in 95/96, and were explored by Tyhee and Alberta Star Mining Corp have been reviewed by several companies, one of whom is expressing more than a passing interest. There are other companies in the area, and ASC has held other properties. Longtom is the most advanced "Olympic Dam" (copper, cobalt, uranium, gold) type of project with a partially drilled-off resource. It is still 50:50 ASC and TDC, with ASC having the right to buy TDC out. Dave

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