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Gold/Mining/Energy : Cusac Gold Mines (CUSIF) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (288)	2/15/2001 12:49:19 PM
From: Robert J Mullenbach	Respond to of 379

News, PR, Gold down 3.50 today, still staying. Don't bother me in the least. XXXXXXXXXXXXXXXXXXXX Cusac Gold Mines Ltd.: Company Completes Financing and Acquires Copper-Moly Porphyry Deposit VANCOUVER, BRITISH COLUMBIA--Guilford H. Brett, Director, President & CEO (TSE: CQC, OTCBB: CUSIF) - announces that the Company has completed a private placement of 500,000 shares at $0.13 per share and has received additional funds by of options exercised on 300,000 shares at $0.15 per share for total proceeds of $110,000. These funds will be used to advance the Clearwater Nickel, Platinum property north of Kamloops. A contract for 5,000 feet of drilling has been signed for the first phase of a 30,000 foot recommended drill program, by Dr. Bruce Perry, Ph.d., P.Geo. Cusac also announces the acquisition of an 80% interest in the Taurus Copper-Molybdenum, Gold porphyry deposit in South Eastern Alaska. Cusac's interest was originally acquired by staking. The property has been explored by a number of major companies over the years, but is perhaps best described in the US geological survey bulletin #1786 (1987), by Edward R. Chipp, from ``significant metaliferous load deposits, East Central Alaska.'' biz.yahoo.com