Abacus Minerals Corporation (V.AMC) Message Board

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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)

AMC 2.590

+2.0%

Oct 31 9:30 AM EST

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To: George Castilarin who wrote (322)	3/20/1999 8:41:00 AM
From: morrie	of 397

George ! I was at Abacus booth at the PDAC tues. Informative and impressive display of the three major property's. Will be finishing the first phase drilling in Argentina next week I believe, and await for assays. Good chance of extending this zone. Second phase to start right after. Looking at the Ferragudo Project in Southern Portugal, Phelps Dodge has an excellent chance of discovering a large VMS deposit, as they border right up to the Neves Corvo mine. The satelite Imaging shows the VMS fills Abacus ground. Will start drilling soon. (summer) Niblack Property Alaska: Abacus has applied for government funding ( which apparently the gov.t has received a large amount of cash)repayable in the way of a loan. If accepted , would set up a major exploration program there. Looks very encouraging for AMC for this year. morrie

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