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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (3887)	3/4/2004 8:22:05 PM
From: loantech	Read Replies (1) \| Respond to of 4051

I haven't even checked the price quote. But here is one I had 200K shares of last summer at .07. JNN.V Whaaaaaaaa!!!!

To: Rocket Red who wrote (3887)	3/4/2004 8:24:39 PM
From: Pete	Read Replies (1) \| Respond to of 4051

Wow- not too shabby for IAU- and just in time for the PDAC!! Who knew... ---------------------------------- AQI news too- ------------------ Aquiline retains Micon for new Calcatreu estimate 2004-03-04 14:36 ET - News Release Mr. Marc Henderson reports CALCATREU CONTINUES ON THE FAST TRACK; MICON TO COMPLETE MINE SCOPING STUDY Aquiline has provided an update with respect to its Calcatreu gold project in Argentina where its stated objective is to fast track the project to commercial production. To this end, Micon International Ltd., the company's Toronto-based mining engineering consultants, has been retained to deliver a new resource estimate by the end of May, 2004. This new resource estimate -- which will incorporate all of the results from the current 12,000-metre program of infill and expansion drilling on the Vein 49 and Nelson deposits -- will form the basis of a mine scoping study for the Calcatreu project. Drilling is continuing at Calcatreu and Major Drilling has two UDR-640 rigs on-site capable of completing both diamond and reverse circulation holes to a maximum depth of 300 metres. Since the current drill program commenced in November, Aquiline has completed a further 74 drill holes for a cumulative 7,190 metres. Approximately 35 of these drill holes are in ALS Chemex laboratories in Mendoza, Argentina, awaiting final assay results. These results will begin to be released within the next few weeks and should be forthcoming at regular intervals thereafter. All drilling completed to date has been on the Vein 49 system between 5300 north and 6300 north of the local project grid. Presently, one drill rig is now engaged in detailed drilling of the Nelson vein system, which is in excess of one kilometre long and occurs between 4000 north and 5300 north along strike of Vein 49. Despite having good grades from surface trenching, the Nelson vein system received far less work than the Vein 49 system. Trench results from Nelson include: Trench 51, 5.0 metres at 14.7 grams per tonne gold, 96 grams per tonne silver; Trench 52, 4.0 metres at 7.6 grams per tonne gold, 78 grams per tonne silver; and Trench 31, 7.0 metres at 7.4 grams per tonne gold, 23 grams per tonne silver. The present drill plan for Nelson includes approximately 6,400 metres of drilling in over 80 holes, almost all of which are shallow (above 100 metres elevation). This compares with the historical database at Nelson where only 17 holes have previously been completed. The second drill rig remains at Vein 49 and is currently drill testing targets between 6300 and 6400 sections, immediately north along strike of Vein 49. This area has not previously been drilled but is characterized by a strong IP resistivity anomaly at surface. In addition to the detailed drilling of the Vein 49 and Nelson deposits, exploration outside of this core area has been stepped up in an effort to address the global resource potential of the project. To date, this exploration effort has identified a number of parallel gold mineralized vein systems and along-strike extensions to Vein 49. For example, the previously reported MFW (two metres at eight grams per tonne) and Belen veins (12 metres at three grams per tonne gold), which parallel Vein 49, have now been traced by surface trenching over a strike length of one kilometre and vein widths of up to 10 metres wide. Further drill testing of these vein systems will occur in the coming months. Quantec Geophysics is nearing completion of the IP geophysical surveys on the region surrounding Vein 49. To date, 76 kilometres of gradient array IP geophysics have now been completed over the four-kilometre-long corridor to the north of Vein 49, which extends across the Amistad gold target. The survey has outlined several strong resistivity anomalies and these are slated to be drilled tested immediately after resource delineation drilling has been completed at Nelson. Ambiental, an Argentinean environmental group, is continuing with the environmental baseline (EBS) and impact studies (EIS), and remains on schedule for completion of these studies in the second and fourth quarter, respectively. Finally, the company has commissioned Eagle Mapping of Vancouver to complete project-wide air photography and a high-definition digital terrain model (DTM) survey across Calcatreu in preparation for mine design studies. This survey is to begin immediately, with final products to be delivered to the company in April. Under the guidelines of National Instrument 43-101, the required qualified person for the Calcatreu gold project is Peter Mullens, who is a member of the Australian Institute of Mining and Metallurgy. WARNING: The company relies upon litigation protection for "forward-looking" statements.