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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Bobby Yellin who wrote (453)5/27/1997 1:44:00 PM
From: John W Murphy   of 588
 
Latest Press Release!

Alice River drilling begins

Goldminco Mining Corporation GMO
Shares issued 13,138,736 May 26 close $0.83
Tue 27 May 97 News Release
Mr Peter Tambanis reports
The company has begun drilling at its Alice River Goldfield. Posie target will be drilled first and the company is using a diamond drill, 63mm core.
The company will split the core (not pulverise) for assaying with part of the kept under look for future inspections on the mine site. A second geologist has been appointed to supervise all aspects of drilling and sampling.
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