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Gold/Mining/Energy : CALEDONIAN PACIFIC MINERALS...MAJOR DISCOVERY?

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To: Walter who wrote (26)11/17/1998 1:38:00 PM
From: Kim Oishi & Associates, Ltd.  Read Replies (1) of 31
 
Dear Walter,

WEBSITE: www.caledonian-pacific.com hosted on stockscape.com

As you are aware, Caledonian recently received A$10,500,000 for a 23% working interest in its properties. Here is an update on Caledonian:

-Caledonian has hired two top geologists who have completed a review of all of the Company's properties in order to determine where to allocate its exploration budget;
-The Company is completing its 20F to qualify its shares for trading in the U.S.;
-Terry O'Leary and David Whitfield are coming to North America to speak with investors and promoters about the Company's plans on November 24th, and will be visiting the mining and investment conference in San Francisco to meet some U.S. brokers.

Terry and David will be in a position to discuss Caledonian's exploration plans on this trip. With the funds that Caledonian now has we can expect an aggressive exploration plan: we will find out how great the Caledonian prospects are this year.

Stay tuned for more information.

Best Regards,

Kim Oishi
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