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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?

To: Sailfish who wrote (1533)	2/12/1998 10:03:00 PM
From: Jesse	Read Replies (1) \| Respond to of 4256

Hi Folks! - Thought I'd relay this invitation from Montello: --------------------- February 12, 1998 Dear Shareholders, Please accept the following letter as an open invitation for you and your guests to attend the upcoming Small Cap Investor Conferences held in Calgary, Tuesday, February 17, 1998 at the Metropolitan Centre and in Edmonton, February 18, 1998 in the Delta Edmonton Hotel. We will have a display booth at both of the shows and we look forward to having you visit us so we can bring you up to date on the exciting ALBERTA DIAMOND PLAY! Montello is at the forefront of the drive for diamonds in Alberta. Montello has over 7.5 million acres in Alberta with six properties, Jazz, Legend, Nina, Swan, Grizzly, and Valhalla properties all situated near Ashton Mining of Canada's recent discovery of diamondiferous kimberlite pipes. Our work program to date has been focused on the Jazz property with over $1.5 million dollars already having been spent on it. This property contains part of a large domal feature, shared with Ashton, and is intersected by a Northwest to Southeast trending lineament. To date we have conducted an airborne magnetic survey, which has identified over a hundred anomalies with several of them aligning themselves with this domal lineament collision point. These anomalies are being prioritized and, to date, follow up ground magnetic surveys have been done on 39 anomalies, with more being done each day. Of the first 39 anomalies ground surveyed 18 of them have been upgraded to targets to be drill tested for kimberlite. As additional anomalies are ground surveyed, those anomalies that meet our geologists', Mike Senn and Ian Downie, specifications will be added to the drill program. Drilling on the first 18 targets has commenced. With over four years of Alberta diamond exploration experience, including numerous diamond discoveries, one of the largest land holders adjacent to Ashton, and our discovery of the geophysical anomalies aligning themselves with the domal lineament collision point, Montello is poised for exceptional growth. I hope to see you at the show, however, should you be unable to attend please feel free to phone me at 1-800-268-2636 or e-mail at ppower@montello.com or visit our web site at montello.com to view several photos of our drill program in operation. Yours truly, MONTELLO RESOURCES LTD. ____________________________ Thomas C. Yingling MONTELLO RESOURCES LTD. Suite 1473 - 595 Burrard Street P.O. Box 49057 - Three Bentall Centre Vancouver, B.C. Canada V7X 1C4 Tel: (604) 689-1799 Fax: (604) 689-8199 Toll Free: 1-800-268-2636 E-mail: ppower@montello.com Website: montello.com --------------------------------------- -j :>

To: Sailfish who wrote (1533)	2/12/1998 10:07:00 PM
From: JP	Read Replies (2) \| Respond to of 4256

A few things to ponder 1)both ACA and MEO started to drop on Jan 19 due to market realizing that this is going to take a while. 2)ACA -being the leader- dropped like a rock. Meo just started to ramp down on lowish volume. 3)Both are in the same area -looking for same thing. Could not Meo simply be following ACA as it should? Why negative thoughts? Just keep in mind that the market has already accepted that Meo will hit kimberlite so it won't run up much on the next news. Sit tight - time to get another hobby. :)