Here is the news release:
Medinah Energy, Inc. - News Release
Trading: OTC-BB Symbol-MDIN CUSIP# 584892 20 2 Tel: (909) 245-9498 Fax (909) 245-9438
Partial results show High Grade intercept at Altos de Lipangue
Lake Elsimore, CA, March 26, 1999 … Medinah Energy, Inc. is pleased to report that preliminary results from the fifth drill hole in the current program show high grade intercepts near the top of the drill hole. The property, 80% owned by Medinah Energy, Inc., is located 25 miles north of Santiago, Chile.
The following are the currently available results:
DDH 99-05 – Drilled as a vertical hole, 99-05 encountered a multiple series of ore zones and was stopped in mineralization at a vertical depth of 348 meters (1,141 feet). The assay results from the first mineralized sections are as follows:
Diamond Core Core Gold grade Copper Drill Hole Interval length length in g/t grade Number From(m)-To(m) meters feet %/ton DDH 99-05: 106 - 113 7 22.9 11.32 1.55 130 - 131 1 3.2 33.67 - including 110 - 113 3 9.8 20.02 2.24
DDH 99-06 – Spotted near I.P. survey Line E, at station 700S, the drill hole is 25 meters (82 feet) north of DDH 99-03. Drilled vertically, massive chalcopyrite mineralization was encountered starting at 35 meters (114 feet) and at last report was still strong at 201 meters (659 feet). Drilling is continuing to depth. - 30 -
On behalf of the Board of Directors
Per: "Larry Regis", President |