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Gold/Mining/Energy : VGLD Visa Gold Exploration Inc. -- Ignore unavailable to you. Want to Upgrade?

To: lookin forward who wrote (15)	1/20/2000 6:33:00 PM
From: Coho	Respond to of 16

RM, and guess on what the announcement will have in the market tomorrow? VGLD 2000-01-20 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Visa Gold Explorations Announces Discovery Of Another Ship Wreck TORONTO, CANADA--Paul Frustaglio, Vice-President of Corporate Relations of Visa Gold Explorations Inc., is pleased to announce that the company's dive team has found another shipwreck as a result of a virgin ballast stone pile find. Excitement of the crew and staff of Visa Gold Explorations has been heightened to a fever pitch with the two recent developments, which also includes the most recent approval by the Cuban Department of Patrimony to begin excavation of artifacts and treasure. "This thrilling find of another intact ballast stone pile verifies the final resting place of another ancient shipwreck," stated Vice President of Operations Ed Burtt. After weeks of research Mr. Burtt has confirmed that the ballast stone pile has not been disturbed since the ship sank in the early 17th century. The Melian II scientific research analysis of historical documentation has placed the 'French Balandra' of Don Juan Piti at this exact spot of the found ballast pile. The 'French Balandra' ship belonged to the 1711 fleet of the 'Almiranta Santissima Trinidad'. Mr. Burtt has concluded that the computer analysis of the locations of the 4 other ships is highly probable after the finding of this first ballast pile of the suspected 1711 fleet. Initial dive investigations show many artifacts from the ship around and on the virgin ballast rock pile. Ballast rock was used in sailing ships before iron ballast or lead keels were invented. The presence of earthenware jugs and ceramics on and in the ballast pile still intact makes the chances of this being a virgin site highly probable and very lucrative. New photographic evidence of the ballast pile and artifacts may be viewed on the company's web site. www.visagoldexplorations.com "Our extensive research of historical documentation show the 'Almiranta Santissima Trinidad', the Kings appointed lead ship carried precious cargo to be valued at 600 million, with the estimated potential of another 300 million of smuggled goods on board at the time of it's wrecking. We have long anticipated this moment and we are very excited to continue our efforts to uncover the treasures of Galleon Alley," stated the Vice President of Operations. Visa Gold Explorations Inc. is party to a joint venture agreement with its Cuban partner, Geomar S.A., to search for shipwrecks in two areas in the coastal waters of Cuba known as Galleon Alley. Visa Gold's principal exploration targets are located west of Havana, where a fleet of galleons went down in 1711. -30-