Abacus Minerals Corporation (V.AMC) Message Board

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

AMC 2.590

+3.0%

3:59 PM EST

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To: Mr.Staya who wrote (101)	5/8/1998 9:20:00 AM
From: Mr.Staya	Read Replies (2) of 397

Phase II drilling to begin Abacus Minerals Corporation AMC Shares issued 21,590,405 May 7 close $0.67 Fri 8 May 98 News Release Mr. Steve Todoruk reports A phase II diamond drilling program will begin on May 11 at the La Manchuria property in Santa Cruz, Argentina. The phase II drilling will begin in the area of LM98-2, the high grade discovery hole which reported grades of 6.53 grams per tonne gold and 22.3 grams per tonne silver over 58.05 metres. LM98-2 is believed to represent the most significant discovery since the discovery of Anglo American's Cerro Vanguardia mine (80 kilometres east of La Manchuria) in the mid 1980s. The La Manchuria project is an epithermal gold silver prospect which offers the potential to host a multi-million ounce gold deposit similar to numerous other districts worldwide. Assay results for drill holes LM98-3 to LM98-7 will be reported as soon as they are received. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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