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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.47

-0.2%

10:19 AM EST

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To: VAUGHN who wrote (4052)	5/17/2000 4:10:00 AM
From: d:oug	Read Replies (1) of 4066

90 km west-northwest of Yellowknife <verses> 160km northwest of Yellowknife VAUGHN, Thanks for the info. Well... its about 50 miles apart... Maybe Dave could drill down 10 feet and then drill at a right angle for 75 km... Fortune Minerals Limited and Tyhee Development Corp. ...initial results from four diamond drillholes completed on the Russell Lake Property... ... presence of a significant gold-rich volcanogenic massive sulphide ("VMS") deposit on the Property. The drillholes tested a portion of the Robin Lake Deposit... ...traced for 400 meters along strike north of Hammer Lake ... tested the EMS Zone of the Robin Deposit south of Hammer Lake The Property is located 90 km west-northwest of Yellowknife, Northwest Territories, Canada. Tyhee can earn a 51% interest... ...may either form a joint venture with Fortune... ...or may increase its interest to 60% by... Fortune Minerals announces significant results from the first three holes of a planned 28 hole program on the Company's 80% owned, NICO cobalt-gold-bismuth deposit, located 160km northwest of Yellowknife, Northwest Territories.

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