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Gold/Mining/Energy : Oroperu Resources, Inc. OROP (CDN) -- Ignore unavailable to you. Want to Upgrade?

To: Terry Rose who wrote (50)	1/30/1998 4:21:00 PM
From: Michael Mc Donough	Respond to of 154

News OROPERU RESOURCES INC - Nueva Condor first month production results pproduction of the mine, primarily due to now using a finer grind andiinstallation of a jig prior to flotation. December recoveries were Pb: 91.8%,ZZn: 85.8%, Au: 87.2% and Ag: 90.4%. Revenues from ore processed and sold duringtthe pre-production period and the month of December totalled US$618,000. T The underground mine and on-site mill are currently operating at a nominal 125TTPD. Additional mine personnel are presently being hired to increase production,wwhich will soon permit activation of the second on-site mill to a productionllevel of 250 TPD. An engineering evaluation to determine the timing andf feasibility of increasing production beyond this level is currently under way byKKilborn Peru SA. At the same time, two drills have been purchased for additionalexploration and development of the mine. O Oroperu has over 83,000 hectares of exploration property in Peru, including theTTres Cruces gold discovery in north central Peru (50% earn-in with Pan AmericanS Silver. A metallurgical study is currently under way on Tres Cruces drill coressamples, and a geophysics program is planned for February 1998 to further defined drill targets for the next round of drilling to begin as soon as weather conditions improve at the property. (c) Copyright 1998 Canjex Publishing Ltd.