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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Handshake™ who wrote (20217)	11/10/1999 9:17:00 AM
From: DR. MEADE	Respond to of 25548

(BSNS WIRE) Cerro Dorado, Inc. Completes Acquisition and Plans to Commence Drilling SALT LAKE CITY--(BUSINESS WIRE)--Nov. 10, 1999--Management is pleased to announce that an agreement between Cerro Dorado, Inc. and Fremont Gold Corporation, for the purchase of the Cenizas and Milagro properties has been completed. The joint-venture agreement between Cerro Dorado, Inc. and Fremont Gold Corporation on the Resguardo property has also been finalized. All properties are in northern Chile. Cerro Dorado, Inc. is planning to commence a drilling program on the Cenizas property within the next two weeks. This extensive property, covering over 13,000 hectares, has many of the same geological characteristics of the large number of major gold or gold/copper porphyry deposits in the area. The property is located along the southern end of the West Fissure Fault Zone between the world-class Escondido and El Salvador porphyry copper deposits. This part of Chile is known as the most productive copper province in the world. Gold content of the copper deposits is known to increase progressively in the southern part of the West Fissure Fault Zone where significant gold is now being produced. Sampling of trenches in one area of the property that is untested by drilling show values of 1.00 g/t gold over 42m and 1.1 g/t gold over 28m. This target and others will be drilled in the upcoming 2,500m, 15 to 20 reverse-circulation drilling program. Cerro Dorado, Inc. has taken over the option agreement between Fremont and Rio Tinto Mining & Exploration Ltd. whereby Cerro Dorado, Inc. would spend a total of $1million on the property over 3 years. Rio Tinto has the right to maintain a 51% interest in the property by committing to spend $2 million over the subsequent 2 years. Should Rio Tinto not exercise its rights within 60 days of Cerro Dorado, Inc. spending the $1 million and paying Rio Tinto $250,000, Rio Tinto would lose its option and retain a 2% Net Smelter Return to a maximum of $10 million. The work at Cerro Dorado, Inc.'s Lobo Solitario property near Santiago, Chile is progressing well. Geologist Eric Hanson reports that several parallel and sub-parallel veins to the known Fortuna Mine gold vein structure have been located and mapped. A geophysical survey is almost complete and results should be available shortly. It is anticipated that several drill targets will be established to intersect the new vein structures as well as to test the property for the existence of breccia style mineralization similar to the adjoining Alto de Lipangue gold/copper discovery. On behalf of the Board of Directors Per: Richard W. Cahoon, President 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 Cerro Dorado 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 anticipate 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. Trading OTC/BB Symbol CDCH Cusip No. 156834 Tel: (801) 484-2668 Fax: (801) 486-3633 --30--lp/ny* CONTACT: Investor Relations 801/484-2668

To: Handshake™ who wrote (20217)	11/10/1999 12:05:00 PM
From: 1Newstar	Read Replies (2) \| Respond to of 25548

Handshake, sorry to hear of your suspension until Monday. The negativity on the SI to support the extremely heavy short position theory. Otherwise, there is no reason to try and destroy an $.15 stock with the potential of a world class gold-copper discovery. Keep an eye in the very term on the Company announcing: A merger with a NASDAQ firm A significant "deal" with all necessary financing arranged. I am picking up all I can get today... between $.14 and $.16