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Microcap & Penny Stocks : CDCH Cerro Dorado Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mike Gold who wrote (710)	8/18/1999 12:09:00 PM
From: Handshake™	Respond to of 958

from Business News America *Cerro Dorado Explores Lobo Solitario - Chile August 18, 1999 Salt Lake City-based minerals company Cerro Dorado has started the first of a two phase exploration program to review the potential of its wholly owned, 270ha Lobo Solitario polymetallic property in central Chile. A report by Howe Chile geo-scientist and geologist Robert Cinits recommends that Cerro Dorado carry out a surface exploration campaign including gridding and mapping, sampling, trenching, geophysical work and 1,300m of diamond drilling. Work has already started on this, Cerro Dorado said. The second phase will consist of some 5,000m of in-fill drilling in a 250m by 250m zone reviewed by Howe, which includes the main Fortuna vein and at least five sub-parallel vein systems. The Fortuna mine on the Lobo Solitario property was worked from the early 1940s until the late 1960s and yielded high grade gold along with silver and copper. Cerro Dorado will be reviewing the property with the aim of developing it as a gold resource. Source: BNA

To: Mike Gold who wrote (710)	8/18/1999 12:32:00 PM
From: SWW	Read Replies (1) \| Respond to of 958

I would not concern yourself with a few high grades veins when it is likely a large gold/copper porphyry deposit lies undernealth! Still like the thought of high grade veins, but obviously the porphyry deposit would be the major play. Geologists theorize that the parent intrusive to these pipes runs the whole length of the mountain at depth leading to the possibility of a very large bulk porphyry deposit. I love that theory, if proven, the tonnage associated with this and MDHM play could be off the scale. Sounds like the phase I results could answer alot of questions concerning the breccia pipes and the possible intrusive underlying the properties. Do you know if the phase I drilling program is just going to tag the top of the intrusive or try and close the structure at depth? Thanks for all the info that you are supplying. It is very helpful. Steve