Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

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Jan 21 4:00 PM EST

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To: Ron Everest who wrote (586)	4/21/1999 2:39:00 AM
From: Ron Everest	of 588

Goldminco sampling results from Papua New Guinea; Australian update Goldminco Consolidated Mining Corp GMC Shares issued 6,842,896 Apr 15 close $0.18 Tue 20 Apr 99 News Release Mr. Peter Tambanis reports The company has received additional results from its Papua New Guinea project. Positive results with high grades of gold with copper credits continue to come from the Kaio creek area. Four outcrops were sampled 50 metres apart in continuation of the company's last sampling program, the results from which extend the streak length of the mineralized zone to 600 metres. The company is confident to commit funds for the continuation of its exploration program in the Kaio Creek area. Sample Gold Copper No. (g/t) (%) ------ ----- ------ NG 18 6.30 0.586 NG 20 1.83 0.236 NG 23 27.80 1.920 NG 24 21.30 0.496 These and earlier results are preliminary results and should be treated as such. Refurbishment work on the company's Alice River mill in Australia is continuing despite extremely wet weather conditions. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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