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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (4264)	10/1/2001 12:10:25 PM
From: Henry L. Farmer	Read Replies (1) \| Respond to of 4504

Claude, Just noticed it when you told me to check the site. Last time I looked, could have been 6 months ago. So I have no idea how long it's not been active. Maybe someone else checking this board can tell us? Henry

To: Claude Cormier who wrote (4264)	2/14/2002 12:02:07 PM
From: Little Joe	Read Replies (1) \| Respond to of 4504

Claude: have you seen this? What is your assessment? Manhattan Minerals is pleased to announce a number of developments relating to its Tambo Grande Project in northern Peru. -Government supports completion of Environmental Impact Study and continuing dialogue under legal framework -Environmental Impact Study, Feasibility Study and Community Relations work programs progress -Peruvian Ombudsman continues dialogue with Tambogrande stakeholders On February 10, 2002 the Ministry of Energy and Mines published in the official gazette, its resolution to enforce existing laws in Peru that prevents local municipalities from calling referendums on issues which conflict with National laws. Specifically, the Government of Peru has now publicly stated their legal findings that a referendum on mining in the District of Tambo Grande is not legal, and that the Government will enforce the existing laws against such a referendum through the National Prosecutor if necessary. On February 13, 2002 representatives of the Government in the Ministry of Agriculture and the Ministry of Energy and Mines held a press conference in Piura where they re-affirmed Manhattan's rights to complete the Environmental Impact Study and Feasibility Study. During this press conference, the government also outlined to the people of the region, the Government's proposal to have an independent consultant monitor and review Manhattan's Environmental Impact Study, and the normal process for public consultation. The representatives also stated to the people of the region that a referendum on mining has already been ruled not legal by the Peruvian election authorities. The Table of Dialogue process that commenced in October 2001, has been ongoing by the Defensoria del Pueblo (Ombudsman). This process has evolved from the multi-party process as was initially formed, into a more appropriate one on one format between the Ombudsman and individual stakeholders. This change in format transpired as there was a wide disparity in the issues for the various stakeholders. The Front of Defense has withdrawn from the Dialogue process, and the stakeholders have agreed that the Ombudsman's work should continue with the participation of stakeholders in the Tambo Grande Project. Manhattan has progressed with the Environmental Impact Study and Feasibility Study as required by its option agreement with the Peruvian Government. In the past 6 months, the Company has completed the marine biology studies for the Port of Paita, conducted numerous workshops with residents of the District of Tambogrande as part of the social component of the Environmental Impact Study, and we have continued routine baseline monitoring in the region. The Company is progressing now with a detailed characterization of the San Lorenzo Irrigation System, and is completing the transportation corridor socio-economic impact study. Technical studies are also ongoing and include TG-1 resource model review and recalculation, optimization of the mine plan with plant layouts, equipment selection and mineral processing options. The Company has initiated independent workshops in rural communities to aid in the creation of Community Development Plans. In addition, Manhattan continues to support a variety of pilot projects for the agricultural community including end use studies for lemons and algoroba, the introduction of new cash crops and animal husbandry. Manhattan is engaged in an important community relations program incorporating National media, local media, and personal contact through the successful format of workshops with residents of the District of Tambogrande. The President of Manhattan now publishes a weekly message to the People of Tambogrande, which is distributed by press and radio, and which communicates the Company's position, activities in the community, and its objectives. Workshops are held weekly, and will be increasing in frequency to ensure a maximum amount of direct personal communication and information distribution throughout the communities. Manhattan is also gaining additional National support for the project with successful National media work, and this will be ongoing. Final reports from prosecutor Roberto Quiroga Cornejo and Judge Victor La Madrid Amaya were submitted to the First Superior Criminal Court of the Superior Court in and for Piura. The prosecution stage will now begin, and the liability of those involved in the events that occurred on February 27, 28 of last year, as well as the criminal sanction to be applied to each of the persons accused, will be determined. The TG-1 Ore Deposit contains 8 million tonnes averaging 3.5 grams gold and 67 grams silver per tonne and 56 million tonnes of indicated and inferred resource averaging 1.6% copper and 1.1% zinc, mineable by open pit methods. Manhattan continues to work intensively to advance this important project for Peru in a socially and economically responsible manner. For further information please contact: Lawrence M. Glaser President Sally L. Eyre Manager Little joe