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

To: Handshake™ who wrote (22456)	6/28/2000 3:53:00 PM
From: ZenFAUST	Read Replies (1) \| Respond to of 25548

***FWIW A.C.A. Howe International Gives 'Thumbs Up' to Alto de Lipangue and Las dos Marias LAKE ELSINORE, Calif.--(BUSINESS WIRE)--June 27, 2000--The Board of Directors of Medinah Mining, Inc. are pleased to report that A.C.A. Howe International Limited, through their Chilean subsidiary Howe Chile Limitada (Howe), has completed Geological Reports on the Alto de Lipangue and Las dos Marias gold/copper properties. Howe was retained to review the exploration and mining activities completed to date over the Alto de Lipangue and Las dos Marias properties. The properties are located in the Metropolitan region of Chile, approximately 30 kilometers northwest of Santiago, Chile. In summary, Howe stated that "Medinah's Lipangue property contains the Lipangue polymetallic breccia pipe which represents an excellent target to host underground, bulk mineable, gold-copper-silver mineralization. This target remains open to the east and down plunge, and could become much larger in extent as Medinah traces it in these directions. The breccia is still in the earliest stages of drill definition and Medinah believes that with a minimal exploration program the potential size of this target can be substantially increased. Other parts of the Lipangue Property have only been reviewed on a preliminary basis, or not at all, and these should be further explored, since the potential exists for additional breccia style mineralization." "The Dos Marias Property, hosts an early stage, grass roots shear zone hosted gold prospect and stratabound or manto replacement skarn copper mineralization. Recent drilling into the shear zone hosted gold target has returned mixed results, however a new geological map by Medinah indicates that structure of the property is much more complex that originally believed and that the main gold bearing structures may actually be oriented in oblique to the main shear zone, which is subparallel to the direction of the recent drilling. The property hosts areas of strong pervasive alteration, and indications of numerous old mining operations and based on this Medinah believes that it warrants a re-evaluation of the gold potential. The manto replacement copper skarn mineralization remains untested." "Medinah's land position is secure in both properties, in that it covers the strike and down dip extent of all of their defined mineralized zones and leaves sufficient ground to define new targets along strike or on other parts of the property." "Howe recommends that a two phase, results driven program be conducted in order to further assess the large tonnage, bulk mineable, breccia hosted gold-copper-silver potential over the Lipangue Property. The total cost for Phases I (US $482,900) and II (US $800,250) is approximately US $1,300,000." "Howe also recommends that a two phase, results driven program be conducted in order to assess the vein style and shear zone hosted gold mineralization and copper skarn replacement mineralization over the Dos Marias Property. The total cost for Phase I (US $89,760) and II (US $169,400) is approximately US $260,000." 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 Medinah Mining, 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 Pink Sheets Symbol MDHM Cusip No. 584894 10 9 Tel (604) 687-1411 Fax (604) 687-4611 CONTACT: RGM Communications Inc. 1-800-547-9375 1-800-774-5133 medinahmining.com