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Gold/Mining/Energy : Sierra Nevada Gold - SDD.vse -- Ignore unavailable to you. Want to Upgrade?

To: Peter Neidhardt who wrote (17)	2/17/1998 5:01:00 PM
From: Baba 2	Respond to of 65

The press release on the Promontorio property will be an update as to how the company expects to continue working the property.The La Republica property will have a core drilled this week. Next weeks news release will reflect that info.The results (which will come out a few weeks later) from that core are very important. If the company's hunches are true, then these results will confirm an extension of the previously worked vein. This also will trigger JV participation as a few companies are awaiting these results before negotiating further with the company. I bought last week at a price a bit higher than what you can get it for today. I believe that if the results are validated then interest from other companies will drive the price higher. Buy now.. The float is an indication of how many shares are available to the general public for trading/purchase etc. The remaining shares are held by insiders, company personnel, private investors et al. A million share float is a rather tight supply. Hope this helps...

To: Peter Neidhardt who wrote (17)	6/14/1999 4:30:00 PM
From: rdww	Read Replies (2) \| Respond to of 65

Finally - the new gold property in Arizona has been announced and a work program is scheduled to begin. As noted in the NR - sample 15 shows that the Au MAY go into the disseminated rock. If this turns out to be the case - then we are not just chasing high grade veins! The potential gets much bigger than the veins themselves - even in this gold environment. Regardless - the veins are high grade enough to be mineable and the near surface nature makes a big difference in this $250 oz Au mkt. Cash is coming into the company for the drilling that should happen fairly quickly. Sierra Nevada signs Gold Spot option; sampling results Sierra Nevada Gold Ltd SDD Shares issued 17,086,456 Jun 10 close $0.04 Mon 14 Jun 99 News Release Mr. Jon Stewart reports Sierra Nevada Gold Inc. (a 100-per-cent-owned subsidiary), has signed an option/purchase agreement with the owners of the Gold Spot mineral claims in Maricopa County, Ariz. Previous work on this high-grade gold property, dating back to the late 1800s/early 1900s, was through a series of shallow shafts, with the deepest shaft being an estimated 250 feet in depth. The current 15 claims cover an area 2,000 feet by 9,000 feet. Additional claims are being staked. Reconnaissance Landsat imagery has identified a large area of lineation/fracture systems. The property contains a number of veins and cross veins within a greenstone dyke structure. Country rock is granite. Coarse gold has been observed at various locations and would be free-milling. Initial channel sampling assayed by Chemex Laboratories in Vancouver returned the following values: SAMPLE LOCATION WIDTH AU AG (ft) oz/t g/t GS No. 1 Vein in place 3.0 .629 12 GS No. 2 Vein in place 2.5 1.353 24 GS No. 3 South wall of shaft No. 1 .464 5 GS No. 4 North wall of shaft No. 1 .098 4 GS No. 5 Vein in place 3.0 4.236 23 GS No. 5A Vein in place 3.0 .492 10 GS No. 6 Dump material .629 10 GS No. 7 Dump material .018 - 3 GS No. 8 East wall shaft No. 2 4.0 .231 11 GS No. 9 Face of decline 10.0 .218 9 GS No. 10 North wall of decline - dyke rock .975 13 GS No. 11 Vein material 15.0 -.002 - 3 GS No. 12 Gold spot vein .141 3 GS No. 13 Gold spot dump .372 7 The quartz veins pinch and swell from 1.5 to 15 feet in width. GS No. 10 was particularly interesting because it shows dissemination into the dyke material. The 30-year contract calls for a 90-day option to assure title and to receive Vancouver Stock Exchange approval. At the end of the 90-day period, Sierra Nevada Gold will pay $10,000 (U.S.) and 200,000 shares of its capital stock to the owners. On June 30, 2000, the company will apply to the VSE for the issuance of an additional 400,000 shares. The owners will retain a 3 per cent net smelter return until $3-million (U.S.) has been paid, at which time royalty payments will cease and 100 per cent ownership will be transferred to Sierra Nevada Gold. Jon A. Stewart has several commitments for a private placement of the company's shares and is planning an exploration program to begin immediately. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com