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

To: peter snowdon who wrote (20382)	9/14/2003 11:11:13 AM
From: jpthoma1	Respond to of 39344

I was a shareholder of Loki Resources, the company that is 4 reversed split old mother company of Mill City. If the Browns brothers are still involved in that company, I would not touch it with a thousand miles long stick!!!!! Yes I still own 100 shares (originally, I had 50,000 shares of Loki) LOLOL JP

To: peter snowdon who wrote (20382)	9/15/2003 3:13:00 AM
From: VAUGHN	Respond to of 39344

Hello Peter I don't know how you found out so much, but good on you mate! I appreciate all you did. I'll have to watch and see whether Carl keeps accumulating... Thanks again. Vaughn

To: peter snowdon who wrote (20382)	9/17/2003 3:46:45 PM
From: VAUGHN	Respond to of 39344

Hello Peter Some news regarding our discussion on Mill City (MC.V): Mill City's Nevada Holdings Increase to 692 Claims CALGARY, Sept. 17 /CNW/ - MILL CITY INTERNATIONAL CORPORATION ("MILL CITY") (TSX.VEN-MC) is pleased to announce the acquisition of a 100% interest in the Elliott Dome property in north central Nevada. The property is comprised of 95 claims (795 hectares) and adjoins the Company's previously acquired Pony Creek property. This latest acquisition brings the Company's holdings in Nevada to 692 claims (5790 hectares). Consideration for the acquisition includes the payment of US$30,000, the issuance of 100,000 common shares of the Company and escalating yearly property payments to the vendor. A Net Smelter Return Royalty ("NSR") of 4% is payable to the vendor and Mill City retains the right to purchase 1% of the 4% NSR on the property for US$1,000,000. Located in southwestern Elko County about 20 miles south of the town of Carlin and along the crest of the Pinon Range, the property is within the southern Carlin Trend 12 to 15 miles south of the Rain and Emigrant Springs deposits. It is comprised of 95 mineral claims (795 hectares) which extend for a strike length of three miles from the Company's Pony Creek property on the south to the Trout Creek property (held by Royal Standard Minerals) on the north. Elliott Dome is within the Pinon graben, a regionally extensive structural feature which trends north/south for at least 20 miles and hosts deposits and mineral occurrences containing more than 5 million ounces of gold. A well developed anticline, which occupies the central part of the graben, has been segmented by west-northwest trending faults into several south plunging antiforms or domes. One of the south plunging antiforms hosts the Trout Creek deposit (520,000 ounces of gold) on the north border of the property. Another antiform within the graben hosts the large mineral system at Mill City's Pony Creek property south of Elliott Dome. The antiform at Elliott Dome is well defined in the altered exposures of Mississippian sandstone and conglomerate, and has been intruded by a recently recognized intrusive about 2,000 feet in diameter. This intrusive is identical to those hosting the mineral system at Pony Creek a mile to the south. Alteration and mineralization are extensive within the Mississippian clastic sediments and the intrusives especially along structures. Silicification is widespread along with iron oxides (after pyrite) and barite breccias. The structural setting, the stratigraphy, and the alteration at Elliott Dome are the same as seen above and peripheral to the deposits at Rain. The Mississippian/Devonian contact which is host to the Rain deposit (15.5 million tons at 0.066 opt Au) and the Saddle deposit (3.99 million tons at 0.37 opt Au) has not been tested on this property. The nearest exposure of this contact is at Trout Creek (about one mile north of the property) where a shallow resource of 520,000 ounces has been outlined. Excellent potential exists to discover structurally controlled high grade at the Mississippian/Devonian contact within the Elliott Dome property. Completion of the property acquisition described above is subject to regulatory approval. Seems to be some real potential being pursued by the new management group. I guess that explains why (Carl) somebody has been accummulting it. Regards Vaughn