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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (143)3/7/2000 2:29:00 PM
From: Ptaskmaster  Read Replies (1) | Respond to of 4051
 
Surprise, surprise, more gold at Veladero.-

"Homestake Reports a Large Increase in Gold Inventory at Veladero

"Homestake Mining Company (NYSE: HM; Australia: HSM; Toronto: HCX) today reported that the amount of gold contained in mineralized inventory at its 60%-owned Veladero project in northwestern Argentina has reached 7.8 million ounces, a 39% increase over the amount assessed as of December 31, 1999. The amount of silver in mineralized inventory has increased by 47% and reached 147.4 million ounces. The increased amounts of gold and silver are based on the information compiled from a total of 87 additional holes drilled since June 1999 into the Amable and Filo Federico deposits as well as step-out holes drilled north and east of Amable and southeast of Filo Federico. Not included in the inventory, but of particular importance, is mineralization which has been found between the two deposits. This mineralization forms an apparent extension of the earlier discovered Amable Norte zone and its discovery has opened new possibilities for future resource growth at Veladero."
Full news release at
biz.yahoo.com

This all must come as a big surprise to the posters at the old SI Argentina Gold (ARP) board, and to Barrick, eh?

Ptaskmaster