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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: Robert Saito who wrote ()	9/24/1997 1:33:00 PM
From: denis J	of 440

Hello bev talked with Moneta to-day 1.meeitng with barrick delayed a week to after thanks giving 2.news on night hawk will be out tommorow night or friday a.m. 3.work on the perlite project in the U.S.A advancing on michaud Moneta feels they (barrick) will go ahead with the road and collar a shaft this winter,barricks mill 16km away is in need of the feed to keep the mill going at full capacity the mill is capable of over 2,000 tons a day and they are producing only 1200 tpd from their mine leaving over 800 tpd short they where making up this shortfall by custom milling for hemlo"teddy bear mine" and I hear that that is shut down at least for now??? further by adding another circuit to the mill the capacity could be increased to over 3,000 tpd . that is all I have for now, p.s. pog 323.00 ????? all the best denis j

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