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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Alan Coccio who wrote (10194)	3/24/1999 1:37:00 PM
From: Cheesehead	Read Replies (1) of 15987

HABE NEWS! This is gonna be big! News has not yet announced over the wire by HABE. (COMTEX) B: Orex Gold Mines Corporation to Commercialize Environmenta B: Orex Gold Mines Corporation to Commercialize Environmentally Safe Gold Mining Process. CORAL GABLES, FLA. (March 24) BUSINESS WIRE -March 24, 1999--Orex Gold Mines Corporation (OTC BB:ORXX) announced it was granted a license agreement from chemical process development company Haber, Inc. for the rights to commercialize Haber's environmentally safe gold extraction process. Orex (see www.orexgold.com) began trading March 10th, 1999 and is already completing its first round of financing for their mining operation. Orex executives plan to design a turn-key mining operation based entirely on the process. Orex will be the first company in the world to commercialize this process and create a milestone within the cyanide-based gold mining industry - a completely non-toxic gold mining operation. This prospect pleases Orex president, Warren Hemedinger: "We are anxious to commercialize the HGP and take the lead in introducing this better method. There has been enormous interest from the mining industry as well as the investment community." The process has been validated by four independent mining-engineering studies including Colorado-based Pincock Allen & Holt. In its report, PAH described the HGP as a "novel method for processing gold ores that offers various advantages over present techniques." It further stated that the Haber process "extracted gold in bulk and in significantly less time than is possible with cyanide. Recovery rates were exceptionally good, particularly when compared to cyanide on the ores tested." HGP is so environmentally safe, it passed California's Department of Health Services Acute Aquatic Toxicity Bioassay to qualify as non-toxic. The Haber method does not require any exotic equipment or hardware, nor pose any unusual engineering problems in the design or fabrication of a commercial plant. HGP costs the same or less than cyanide but extracts gold much faster and with greater yields of gold. -0- lhs/mi* CONTACT: Orex Gold Mines Corp., Coral Gables Warren Hemedinger, 888/749-OREX Or Visit Our Website: www.orexgold.com KEYWORD: FLORIDA INDUSTRY KEYWORD: MINING/METALS ENMED ENVIRONMENTAL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story

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