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Gold/Mining/Energy : AMT International Mining Corporation

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To: Ron D.C. who wrote (4)	1/15/1997 11:00:00 PM
From: crgreen	of 29

Hi Ron: I talke to IR today and believe that we should hear news relating to the issuance of special warrants announced in a news release in December, possibly as early as tomorrow. Assays from the Manitoba property are in B.C. and results are expected in 2 weeks. More results from Phelps Dodge are expected in 4 to 6 weeks, (and everytime we get new results the resource estimate gets BIGGER) however the feasability study may a bit later than you were (and I) were hoping for. This one keeps increasing reserve estimates, as posted earlier (on the new string which i suppose we should allow to die off) was mentioned last week in the Northern Miner in an article with the heading to the effect of "1996 year in review - a successful year in U.S. mining" and yet stays in the 1:15 to 1:25 range! IR did say that the company has to a better job of getting the news out and I believe we'll see three news releases on the above over the next 4 to 6 weeeks. Lets hope it generates some exitement! Good Luck CGreen

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