Abacus Minerals Corporation (V.AMC) Message Board

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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)

AMC 2.410

-6.9%

11:19 AM EST

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To: Laser who wrote (64)	3/26/1998 7:26:00 PM
From: Laser	Read Replies (1) of 397

*** NEWS RELEASE *** Drill crews mobilized to La Manchuria propertyÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Abacus Minerals Corporationÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ AMC Shares issued 21,590,405ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Mar 25 close $0.41 Thu 26 Mar 98ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release Mr Steve Todoruk reports Geological personnel have been mobilized to La Manchuria property inÿ Santa Cruzÿ Province,ÿ Argentina.ÿ Theÿ drill program beginning April 1 will test areas of epithermal gold mineralization whichÿ wereÿ trenchedÿ andÿ sampled duringÿ Abacus' December program. Trench results included 70 metres grading 1.18 g/t gold and 51.77 g/t silver. During this program, anÿ areaÿ ofÿ gold enrichment covering at least 700 metres by 700 metres was outlined. MIM International Exploration and Minera Andes are actively exploringÿ gold properties in the same general area and geological setting as La Manchuria. Abacus is encouraged by the recent announcementÿ ofÿ aÿ discoveryÿ holeÿ by Mineraÿ Andes that intersected 115 feet averaging 4.05 g/t gold and 617 g/t silver. These latest results confirm Abacus' belief that a significant gold camp is beingÿ developedÿ inÿ southernÿ Argentina. With six properties in the area, Abacus is well situated within this exciting new region. The style of mineralization at La Manchuriaÿ isÿ similarÿ toÿ thatÿ onÿ the Mineraÿ Andesÿ Elÿ Pluma/Cerro Saavedra property, MIM International's Cerro Negro property (both approximately 80km north) and Angloÿ American'sÿ Cerro Vanguardiaÿ propertyÿ (80kmÿ east).ÿ Latestÿ published works indicate Cerro Vanguardia has reserves of 3,800,000ÿ ozÿ ofÿ goldÿ andÿ 33,000,000ÿ ozÿ of silver. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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