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 (2241)	11/2/1998 10:09:00 AM
From: Mike Paulin	Read Replies (3) of 2635

PR, No explanation, No explanation for Mirandor's market activity; Railroad project exploration continues Mirandor Exploration Inc MIQ Shares issued 18,630,406 Oct 30 close $0.25 Mon 2 Nov 98 News Release Also Kinross Gold Corp (K) Mr. James Speros of Mirandor reports At the request of the Montreal Exchange, Mirandor advises that there are no material changes that can explain the increase in volume and price of the listed shares. Exploration work on the Railroad project continues. Drilling and geological exploration work managed by Kinross Gold is continuing. In March of this year, Mirandor and Kinross finalized an agreement whereby Kinross may earn a 50 per cent interest in the project by expending $7-million (U.S.) in exploration and an additional 10 per cent by spending another $5-million (U.S.) on a positive feasibility study. Upon completion of the positive feasibility study, Kinross will furnish, if necessary, the completion guarantee on Mirandor's behalf. The company has no other active projects continuing at this time. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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