Pacific Rim Mining V.PFG Message Board

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

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To: Claude Cormier who wrote (13158)	5/29/2000 9:50:00 AM
From: Quickdraw	Read Replies (1) of 14627

Refresh of where we are and an adjusted estimate of what will be happening over the next few months: Current status: Final difficult section of road is completed. Road construction of the final 5km (on the ridge) to the Luicho property is expected to take +- approximately 2 weeks to complete. Bulldozers are working 24 hours per day, 7 days a week. pacrim-mining.com May 31/June 1: PFG at NY conference. CMS to speak at 1:20pm on May 31, Barb Henderson and Tom Shrake also in attendance. All returning on Friday. PFG has a booth. iiconf.com Within the next two weeks: Geological map added to homepage. Around June 9: Road constuction to the Luicho property is completed. Construction of drill platforms and a road network to access the platforms begins. This was originally scheduled to take 4-6 weeks to complete although with two additional bulldozers (that makes three in total) working 24 hours a day this period of time will be shortened considerably. Samples for >run-of-mine testing may now be brought out by road. June 13: All paperwork, legal issues should be in place so PFG can receive the first 50% of the private placement. Mid-late June: A one week analyst tour of the Luicho property begins at the time or before drilling takes place. Week of June 19: News release regarding construction of drill platforms, road network to access the platforms pads, surface/cliff sampling and hand trenching results, column leach test results?, the arrival of the first of two drills (scheduled to arrive on June 21, 2000) and drilling start-up. A 20,000 meter reverse circulation drill contract has been signed with AK Drilling. Drilling is expected to begin at Luicho with two RC drills (70-80 300m holes). First results are expected approximately 3-4 weeks after drilling commences. Late July/early August: News release with first drill results. Diamond drill arrives to confirm RC hole assays? As part of the core drilling program, samples will be sent for metallurgical testing. Late August Run-of-mine metallurgical results are announced along with further drilling results. Metallurgical testing continues.

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