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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: Chuca Marsh who wrote (222)2/16/1998 10:54:00 AM
From: MWS  Read Replies (1) of 347
 
Berenguela amongst Peru's biggest projects: Mining Magazine Feb 1998

In the February 98 issue of Mining Magazine there is an article on page 87 titled, "Peru Booms". The article discusses major projects in Peru and the Berenguela project is among them. The numbers for investment and reserves are as previously discussed in this forum. Mine life of 15-20 years is anticipated. The article refers to a 20Ktonne/day open pit operation. ITG reps think 50-100Ktonne/day is more likely. ITG reps have the article in the office.
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