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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: Geoff Coates-Wynn who wrote (12092)4/30/1999 11:14:00 AM
From: DR. MEADE  Read Replies (1) of 25548
 
Thursday April 29, 6:15 pm Eastern Time

Dayton Mining Corp. Posts 4Q C$1.37 Loss vs. C$0.69 Loss

DAYTON MINING CORP. Fourth Quarter and Annual Earns.: Dec. '98--Consol.
Inc. Acct.: Thou. Can. $

3 Mos. to Dec. 31: 1998 1997 Revenues 14,863 12,086 + Net income d
54,292 d 27,063 * Sh. earns. d $1.37 d $0.69  Years Ended:   Revenues 
45,848 49,553 + Net income d 64,849 d 27,619 * Sh. earns. d $1.73 d
$0.78  d Deficit.* As reported.+ Incl. charges of $51M for 3 mos. and
annual periods of 1998 and $24M for the like periods of 1997 related to
writedown of property, plant and equipment.
Apr. 29, 1999, Dayton Mining Corp., announced a Dec. '98 3 mos. loss,
$1.37 vs loss, $0.69 and annual loss, $1.73 vs loss, $0.78 .

Results incl. charges of $51M for 3 months and annual periods of 1998
and $24M for the like periods of 1997 related to writedown of property,
plant and equipment.
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