RGM Communications Inc. - News Release
Tel: (604) 687-1414
Fax (604) 687-4611
1 (800) 547-9375
rgm.com
RGM Communications contracts with Medinah Energy
Vancouver, BC, March 6, 1999 … RGM Communications Inc. (RGM) is pleased to announce that RGM has signed an agreement, as of March 1, 1999, to represent Medinah Energy, Inc. with regard to shareholders, investors and the investment community.
Medinah Energy Inc., (trading United States OTC - Bulletin Board, Symbol - MDIN) is an emerging mining exploration company with their assets in the resource rich country of Chile. The Company has acquired a major interest in the historic gold mining district of Andacollo, Chile, in addition to a large group of very prospective claims just North of Santiago, Chile.
The first claim group in their "Santiago properties" package to be explored extensively is the Altos de Lipangue porphyry gold/copper property located 40 kilometers North of Santiago, Chile. Currently Medinah is currently conducting a 1,500 meter diamond drill exploration program.
As of March 4, the third drill hole in this program was completed and bottomed at 297 meters (974.4 feet) in a highly silicified hydrothermal breccia. At last report, mineralization was continuous from 93 meters (305.1 feet) and was occurring as veins and blebs of massive pyrite and chalcopyrite up to 1 inch across. Large well-formed quartz crystals are also present and are encrusted with gold associated chalcopyrite. Hematite is also present and indicates a positive change from one type of alteration to another. Core assays results for the first three diamond drill holes will be released after the results have been verified and correlated.
The Altos de Lipangue property, 80% owned by Medinah Energy, Inc., is located approximately 40 kilometers North of Santiago, Chile, in the heart of a historic gold district. The property, located at an altitude of 2,000 meters, is close to modern infrastructure and potable water.
For further information regarding Medinah Energy, visit their Web site at medinahenergy.com .
- 30 -
"Russell K. Godwin"
President
RGM Communications Inc. |
