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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (6356)	12/24/2002 2:09:16 PM
From: Krikor	Respond to of 39344

here is the news: =========================================================================== Re: News Release - Monday, December 23, 2002 Residents Of Tambogrande March In Favor Of Project Development =========================================================================== On Friday, December 20th, 2002, 11 days after the company delivered its Environmental Impact Statement to the Ministry of Energy and Mines, residents of the District of Tambogrande demonstrated in favor of mine development. The march took place in the urban town of Tambogrande. On December 14th, 2002, a letter was delivered to the Government of Peru by residents of the urban area of Tambogrande, supporting the project. This letter of opinion was signed by 23 established citizen representatives of the town, each of whom represents various civil and local organizations, including the Civil Defense Committee, Association of University Students, and Development Committee. A copy of this document can be viewed on the company's web site. Also on December 14th, 2002, in a presentation to the civil organization known as the Front of Defense of Tambogrande and San Lorenzo Valley, Mr. Jose Arrieta Facundo, an independent professor of Environmental Engineering from the University of Piura, confirmed in his presentation that the EIA presented by Manhattan demonstrated that there would be no damage or contamination to the agricultural region. Manhattan is pleased that independent reviewers of the EIA are already conducting technical reviews and information distribution sessions for various civil organizations, and that these reviews have been positive. The company's position has always been that it is necessary for the citizens of Tambogrande to make informed decisions based upon factual information. The delivery of the EIA, and distribution of information contained in this document, is and will continue to provide the region with that ability. Formal workshops and community participation and comment meetings will be scheduled by the Government authorities in the new year. In recent weeks the US$ spot gold price has risen above the US$320 price used in the project Feasibility study. Assuming a US$340 gold price, the life of mine IRR of the project rises from 21.6% to 23.3%, and at $360 gold, it rises to 25%. For further information please contact, Lawrence Glaser Chairman & CEO Tel: (604) 669-3397 www.manhattan-min.com

To: russwinter who wrote (6356)	12/24/2002 3:28:53 PM
From: ralfph	Respond to of 39344

Hey Russ Check out post6357 for the news. Tumi has 3 target propertys next door to MAN. The thing is Tumi wants to stay focused on one play at a time. At present they are focused on their Mexican silver property. This is an aproach I have allways been an advicate of. BUT in this case I wish I could convince them to punch a couple of holes in each target. It may be worth your time to call them. This company seems to have some luck running with them. But what do I know? ralfph

To: russwinter who wrote (6356)	12/24/2002 7:56:26 PM
From: BGraham	Respond to of 39344

Russ: THis is the latest I could find re. MAN and Tambogrande Press Release Source: Manhattan Minerals Corp. Manhattan Minerals Corp.: Residents Of Tambogrande March in Favor of Project Development Monday December 23, 12:50 pm ET VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 23, 2002--On Friday, December 20th, 2002, 11 days after the company delivered its Environmental Impact Statement to the Ministry of Energy and Mines, residents of the District of Tambogrande demonstrated in favor of mine development. The march took place in the urban town of Tambogrande. On December 14th, 2002, a letter was delivered to the Government of Peru by residents of the urban area of Tambogrande, supporting the project. This letter of opinion was signed by 23 established citizen representatives of the town, each of whom represents various civil and local organizations, including the Civil Defense Committee, Association of University Students, and Development Committee. A copy of this document can be viewed on the company's web site. Also on December 14th, 2002, in a presentation to the civil organization known as the Front of Defense of Tambogrande and San Lorenzo Valley, Mr. Jose Arrieta Facundo, an independent professor of Environmental Engineering from the University of Piura, confirmed in his presentation that the EIA presented by Manhattan demonstrated that there would be no damage or contamination to the agricultural region. Manhattan (TSX:MAN - News) is pleased that independent reviewers of the EIA are already conducting technical reviews and information distribution sessions for various civil organizations, and that these reviews have been positive. The company's position has always been that it is necessary for the citizens of Tambogrande to make informed decisions based upon factual information. The delivery of the EIA, and distribution of information contained in this document, is and will continue to provide the region with that ability. Formal workshops and community participation and comment meetings will be scheduled by the Government authorities in the new year. In recent weeks the US$ spot gold price has risen above the US$320 price used in the project Feasibility study. Assuming a US$340 gold price, the life of mine IRR of the project rises from 21.6% to 23.3%, and at $360 gold, it rises to 25%. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. -------------------------------------------------------------------------------- Contact: Manhattan Minerals Corp. Lawrence Glaser, 604/669-3397 www.manhattan-min.com