Well Middle of the month this is a friendly reminder of your words and presumeably the word of Miq..are we getting any close to results being released? Are they going to release more than 6 holes when they do release results..please update your update as it is really out of date.
thanks Gary S
To: +Norman Damiani (2135 )
From: +AGORA Friday, Aug 28 1998 8:10PM ET
Reply # of 2177
Good afternoon to you all. Please find enclosed our latest update with respect to Mirandor Explorations.
DRILLING RESULTS
The company reports they anticipate the next set of drill results to be released in early September and possibly as early as next week.
DRILLING PROGRAM
The company reports that drilling is progressing as scheduled and is now taking place at POD. Early indications reflect a continuation of the positive results previously released from POD.
The company also wishes to report that, Joint Venture Partner, Kinross Gold Corporation recently paid in excess of $US 150,000 for all permits and licenses pertaining to Railroad Project for 1998. As such, as scheduled, drilling will continue into December of this year. Management views this as evidence of the Kinross/Mirandor commitment to drilling Railroad, despite prevailing market conditions, and a vote of confidence for all shareholders.
The company anticipates continued deep drilling, in excess of 65 holes, by the end of 1998.
On a final note, Mirandor President Jim Speros stated the following:
"Despite current problems in global equity markets, Mirandor Explorations and Kinross Gold are extremely confident in their investment and will continue to drill Railroad according to plan. Our companies have embarked on a drill campaign, which transcends periodic equity market fluctuations, in an effort to prove up a gold mine. If our most recent drill results are any indication, we are on the right path. In the meantime, it is to our credit, and the credit of our shareholders, we were able to partner with one of North America's largest and strongest gold producers on route to achieving our goal."
That is all for now.
Have a great day.
Regards,
Agora Internet Relations Corp
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