MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Mike Paulin who wrote (1813)	4/2/1998 6:08:00 PM
From: Bob Tate	Read Replies (2) of 2635

As i mentioned earlier information on railroad will be controlled by Kinross. At least both companies must verify what they say. Part of MIQ holdings (Railroad project) are under contract with Kinross. Hype is not a priority any longer. We may have less frequent announcements then in 1997 but overall there will be more linear feet covered and possibly work occurring in several zones simultaneous. Kinross in very few short years grown to a such large gold producer. There must be big money behind this company. Some of their holdings are: Kamchatka, Russia - 1 mil oz Au at close to 1 oz/ton under development. Magadan, Russia new working mine at Au 0.5 oz/t with 49% ownership and operators rights. Fort Knox - Alaska - new operating mine.

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