Mike, didn't you forget something ???????????? ************Monday July 13, 3:30 pm Eastern Time
Company Press Release
Medina Responds to Dayton Mining Corp's News Release Re: Chile/Andacollo
LAKE ELSINORE, Calif.--(BUSINESS WIRE)--July 13, 1998--Dayton Mining
today issued a press release which states ''Dayton confirms it holds
mineral title and surface rights to all land which covers its published
reserves, resources and mine plan at Andacollo.''
All information regarding the status of properties under litigation has
been reported by the Chilean lawyers for Medinah and Julio Tornero,
whose properties are in dispute. Properties that are not in dispute but
are included in the 1997 Dayton Mining annual report are the Mercedes,
Rodrigo, Toro and Gabriella. These properties are owned under contract,
by Medinah Energy Inc. and are clearly inside of the published resources
and mine plan of Dayton. The Marilola, Encarnation and Marijen are under
dispute and title cannot be claimed until this dispute is resolved in
the courts. These are also clearly inside of Dayton's resources and mine
plan. These properties comprise a very small percentage of Medinah's
Chilean owned properties.
Medinah today conferred with its legal attorneys who in collaboration
with its senior North American council, will respond to the misleading
and erroneous statements of Dayton.
For further information, please call investor relations: 1 888 572 0170
On behalf of the Board of Directors
Per: Larry Regis, President
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Contact:
Medinah Energy Inc.
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