(COMTEX) B: New Road Access Alto De Lipangue and Lobo Solitario, Chil
B: New Road Access Alto De Lipangue and Lobo Solitario, Chile
LAKE ELSINORE, CALIF. (April 16) BUSINESS WIRE -April 16, 1999--Medinah
Energy, Inc. (OTC BB:MDIN) and Cerro Dorado Inc. (OTC BB:CDCH), have
signed an agreement for a 50/50 cost-sharing program to upgrade the
Road access to the Alto de Lipangue and Lobo Solitario projects. The
road will be constructed from Curacavi to the junction of the Las Dos
Marias claims.
Alto de Lipangue and Lobo Solitario properties adjoin the old road
currently being used, which is suitable for small equipment and
temporary access. The discovery of a new gold/copper hydrothermal ore
deposit at Lipangue means more permanent access is required. Costs are
not expected to exceed $60,000. Construction crews and equipment will
be arranged by Medinah and work will begin immediately. On behalf of
the Board of Directors Per: Larry Regis, President
For further information, contact RGM Communications Inc. at
1-800-547-9375 or access the web site at http:/www.medinahenergy.com/
Note: This News Release may contain certain "forward-looking
statements" within the meaning of the United States Securities Exchange
Act of 1934, as amended. All statements, other than statements of
historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Medinah Energy,
Inc. are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future could differ
materially from those anticipates in such statements. Important factors
that could cause actual results to differ materially from the Company's
expectations are disclosed under the heading "Risk Factors" and
elsewhere in documents filed from time to time with the United States
Securities and Exchange Commission and other regulatory authorities.
-0- flb/ny*
CONTACT: RGM Communications Inc.
1-800-547-9375
http:/www.medinahenergy.com
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