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Gold/Mining/Energy : BLUE DESERT MINING, BDE-ASE

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To: Dale Schwartzenhauer who wrote ()9/23/1998 12:24:00 PM
From: TomKing  Read Replies (2) of 673
 
Barrick Indifference(Snowstorm)= Not Proceeding

Despite having sent their own geologist to review the Snowstorm
property of Blue Desert, the underlying sentiment is that ABX will
focus on their core holdings for now and that means despite the
best of intentions, there will be no JV deal forthcoming from the
Barrick camp.

Updates pertaining to a potential Phelps Dodge JV will be updated
upon verification that negotiations are proceeding. We should see the results of the Romarco drill (four holes) drill program shortly.

Tom Corcoran
Blue Desert Mining, Inc.
email: irbde@lightspeed.bc.ca
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