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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Ross Mickey who wrote (8368)	1/6/1998 12:11:00 PM
From: Quickdraw	Respond to of 14627

Hi Ross: Thanks for sharing that. I note from the prospectus that the following work will be done on the La Colorada property in 1998 ... so we should see it come to life early this year. La Colorada: In addition, the Issuer must undertake a program of work to be completed by January 25, 1999, consisting of the following: Description of Work Duration of Work Projected Cost ($US) detailed geological mapping at a scale of 1:2,000 and 1:1,000 30 days $ 70,000 detailed geophysics using electrical methods 20 days $ 55,000 detailed geochemical surveys 20 days $ 35,000 3,000 meters of diamond and/or reverse circulation drilling 65 days $ 540,000 analysis of results of work to date 20 days $ 47,000 6,000 meters of diamond drilling 90 days $ 780,000 metallurgical studies 30 days $ 220,000 Estimated Totals: 1,600 days US$2,000,000