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

To: E. Charters who wrote (29053)	4/10/2004 9:15:03 PM
From: DeplorableIrredeemableRedneck	Respond to of 39344

Nice post

To: E. Charters who wrote (29053)	4/12/2004 4:10:40 PM
From: VAUGHN	Respond to of 39344

Hello Eric Thought you might find this interesting. Here's a bit more tonnage - low grade, relatively shallow with real potential to significantly increase both grade and tonnage. *** Mill City International Corporation - Pony Creek Resource Estimate & Update Monday April 12, 9:30 am ET TSX VENTURE SYMBOL "MC" CALGARY, April 12 /CNW/ - MILL CITY INTERNATIONAL CORPORATION ("Mill City") is pleased to announce new resource calculations on a portion of the Company's Pony Creek property located in the Carlin Trend. The resource calculations were made after compiling and reviewing all of the historic data for the property and are part of a report titled "Evaluation of the Gold Resource on the Pony Creek Property" by R.H. Russell of R.H. Russell and Associates. Mr. Russell is a Qualified Person per National Instrument 43-101. The calculations show an inferred resource of 1,426,000 ounces of gold contained within a larger potential resource of 2,585,000 ounces. This resource averages 0.044 opt gold and is based on 175 drill holes which test part of a regionally extensive structural zone over a length of 2.4 miles with an average width of 3300 feet. The resource, although shallow (92% above 500 feet in depth), is based on wide spaced drilling which does not allow a determination as to the amount which will ultimately be minable. Mr. Jim Brown, President and CEO of Mill City commented today that "The Company is very excited about this calculation because it shows a large robust gold system within the Carlin Trend, the most prolific gold trend in North America. More importantly, this shallow resource is present above the carbonate rocks which are host to almost all of the ore and especially the high grade ore in the Carlin Trend". Mr. Brown further stated that "The carbonate host rocks which are not part of this resource or potential resource have never been tested at Pony Creek. This makes Mill City the only junior resource company to have a plus million ounce resource in the Carlin Trend along with the potential to upgrade it significantly. The property is at a point in its exploration history comparable to Barrick's Gold Strike property before discovery of the large high grade reserves in the carbonate hosts beneath shallow low grade. The Blue Star-Gold Strike subdistrict of the Carlin Trend now contains 63 million ounces of gold within an area of 6.4 square miles. Mill City owns +10 square miles within the Pony Creek/Elliott Dome part of the Trend." In further news, the Bureau of Land Management is reviewing a plan of operations submitted by Mill City to drill up to 20 holes this coming field season at Pony Creek. The program is designed to test the carbonate host rocks along structures beneath the shallow resource and at the same time better define the resource. Mill City has also notified Consolidated Grandview Inc. that as of April 9, 2004 they are in default of the joint venture agreement to explore the Pony Creek property. Discussions continue with Consolidated Grandview Inc. as well as other groups interested in the opportunity to jointly explore Pony Creek. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release. newswire.ca For further information PLEASE CONTACT MILL CITY INTERNATIONAL CORPORATION, James R. Brown, Chairman & President, Tel: (403) 640-0110, E-mail: info@millcityinternational.com Regards Vaughn

To: E. Charters who wrote (29053)	4/16/2004 10:53:30 AM
From: paret	Respond to of 39344

Two killed in rock burst at AngloGold mine Friday April 16, 2004 JOHANNESBURG, April 16 (Reuters) - A rock burst caused by an earth tremor killed two miners on Thursday at AngloGold's TauTona mine near Carletonville, the company said on Friday, in the third fatal accident to hit its South African operations this year. AngloGold, the world's second biggest gold producer, said in a statement the rock burst happened 3,500 metres (11,480 ft) underground as a result of a tremor registering 2.5 on the Richter scale. A rock burst at the Savuka mine killed three miners in early January. Later that month, two others were killed by a rock fall at the Mponeng mine.

To: E. Charters who wrote (29053)	4/17/2004 3:52:37 AM
From: VAUGHN	Respond to of 39344

Hello Eric Correction NR from MC.V: Mill City International Corporation - Pony Creek Resource Estimate Clarification Thursday April 15, 9:30 am ET TSX VENTURE SYMBOL "MC" CALGARY, April 15 /CNW/ - MILL CITY INTERNATIONAL CORPORATION ("Mill City") is pleased to provide the following clarification along with additional details concerning its Pony Creek resource calculation as presented in its April 12, 2004 news release titled "Pony Creek Resource Estimate & Update". The Company retracts the statement referencing the potential resource of the Pony Creek Property in its news release of April 12, 2004 as the term "potential resource" is not recognized in SME or CIM guidelines and as such does not meet the requirements as set forth in National Instrument 43-101. The Pony Creek resource calculation as presented is part of a reported titled "Evaluation of the Gold Resource on the Pony Creek Property" dated March 18, 2004 by R. H. Russell of R. H. Russell & Associates. Mr. Russell is a Qualified Person per National Instrument 43-101 and the report was written to the required standards. The inferred gold resource at Pony Creek is 1,426,000 ounces contained in 32,410,000 tons with an average grade of 0.044 oz/ton Au. The resource was calculated after compiling and reviewing all of the historic data on the property and is based on 151 drill holes from a property wide data base of 175 holes. The holes used in the calculation are drilled along a portion of a north/south structural/intrusive trend approximately 2.4 miles long by 2000 feet wide on the south end to 4800 feet wide on the north end. A cutoff of 20 feet of 0.015 oz/ton Au was used as a minimum to establish an average thickness of 36 feet with an average grade of 0.044 oz/ton Au for 48 of the holes. The entire drill hole data base along with surface mapping was used to construct cross sections and plan maps which were then used to define and project the extent of the gold mineralization. Reasonable continuity of gold mineralization is assumed and based on documented grade continuity at other gold deposits in the Carlin Trend. The area used in the inferred resource estimate reflects the proximal relationship of the known gold mineralization to rhyolite intrusives. The inferred resource does not consider mineralization more distal to the intrusive. Twelve cubic feet per ton was used as a density factor along with standard statistical methods to complete the resource estimate. The inferred resource of 1,426,000 ounces is based on reasonably assumed geologic evidence along with the drilling but it cannot be assumed at this time that all or a part of the resource will be upgraded to a mineable reserve with continued exploration. The resource does however show the presence of a large robust gold system along a portion of the structural trend in clastic sediments which occur stratigraphically above the carbonate rocks which host all of the ore deposits in the Carlin Trend. A phased drilling program has been designed to test the carbonate host rocks along structures beneath the shallow resource and at the same time better define the known resource. The structurally controlled carbonate hosted model is the same as that used in the discovery of the high grade +7 million ounce Meikle deposit in the Carlin Trend and the more recent discovery of the Cortez Hills deposit containing +6 million ounces. These types of deposits are formed as breccia bodies at structural intersections within the carbonate hosts and are usually very high grade. The Pony Creek Property has the potential to develop extensive shallow low grade ore as demonstrated by the drilling to date as well as much higher grade carbonate hosted breccia ore. Regards Vaughn