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: Daytek77 who wrote (120)	3/6/1997 6:26:00 PM
From: justaninvestor	of 588

Updated Release Alaska sampling results Goldminco Mining Corporation GMO Shares issued 12,527,737 Mar 5 close $1.45 Thu 6 Mar 97 News Release Mr Peter Tambanis reports, Goldminco has received the results of the bulk soil samples from Alaska. As we reported earlier, Alaska is part of of the Alice River gold project and is located one (1) kilometre north, northwest of Posie North. Alaska, like Posie and Posie North, is also located on the Alice River fault line. Of the 134 samples assayed, the average return is higher than the results received from Posie and Posie North where trenching and pit excavations produced high grade gold values. The most interesting outcome is that samples returned many times higher results than samples taken in the Posie and Posie North discoveries. We must also point out that the sampling north to Alaska ended in very high values, and Goldminco expects to find further extensions north of this point. This part of Alaska will be sampled as soon as the rain conditions clear. Sample Au Sample Au Sample Au No. (ppb) No. (ppb) No. (ppb) ----- ------ ----- ------ ----- ------ 1195 0.10 1169 0.37 1143 0.60 1194 0.08 1168 0.45 1142 0.22 1193 0.46 1167 0.33 1141 1.28 1192 0.21 1166 0.99 1140 0.70 1191 0.59 1165 1.14 1139 2.23 1190 1.72 1164 1.36 1.72 1189 0.54 1163 2.64 943 4.94 1188 3.60 1162 0.70 942 9.80 1187 7.74 1161 5.08 941 10.46 1186 5.62 1160 3.91 940 12.53 1185 3.61 1159 11.40 939 32.52 1184 1.87 1158 24.00 938 28.69 1183 3.82 1157 53.35 937 72.32 1182 7.12 1156 232.80 936 131.10 1181 62.45 1155 478.70 935 168.20 1180 67.64 1154 295.60 934 87.83 1179 64.29 1153 124.00 933 61.00 1178 199.10 1152 20.15 932 71.00 1177 28.32 1151 15.00 931 6.39 1176 25.42 1150 43.52 930 42.40 1175 19.31 1149 19.00 929 4.13 1174 4.88 1148 13.40 928 4.05 1173 5.78 1147 4.60 927 37.00 1172 2.75 1146 41.00 926 3.83 1171 17.05 1145 4.21 925 1.42 1170 4.65 1144 8.10 924 6.00 923 1.88 1138 3.75 1112 10.13 1086 9.36 1137 0.72 1111 6.62 1085 3.91 1136 1.32 1110 5.05 1084 3.77 1135 2.65 1109 10.00 1083 4.95 1134 4.90 1108 32.00 1082 13.00 10.52 10.25 7.57 1133 32.00 1107 62.00 1081 5.69 1132 20.47 1106 41.30 1080 3.91 1131 59.80 1105 43.49 1079 6.88 1130 113.80 1104 84.00 1078 1.95 1129 25.74 1103 116.40 1077 2.55 1128 161.70 1102 46.43 1076 5.04 1127 138.90 1101 13.47 1075 0.98 1126 75.18 1100 49.50 1074 6.81 1125 45.00 1099 5.81 1073 1.58 1124 15.04 1098 15.98 1072 22.34 1123 29.38 1097 5.27 1071 0.93 1122 43.23 1096 139.50 1070 0.36 1121 7.98 1095 8.97 1069 19.23 1120 20.76 1094 7.33 1068 0.62 1119 2.77 1093 2.73 1067 4.20 1118 7.74 1092 7.81 1066 0.98 1117 84.60 1091 7.79 1065 0.80 1116 7.55 1090 2.02 1064 0.19 1115 59.28 1089 1.94 1063 0.47 1114 17.51 1088 0.22 1062 0.17 1113 1.18 1087 3.44 1061 0.64

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