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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?

To: Jon Matz who wrote (901)	2/19/1998 6:13:00 PM
From: Greg W. Taylor	Read Replies (2) \| Respond to of 2346

Jon: I'm afraid it's not an estimate that would be appropriate for me to make. That is primarily because there are too few holes to work with and their locations do not cover a broad enough area from which such an extrapolation could be made. Put another way, IF we have a mineralized zone which is, say 50 meters wide (on average) by 1.2 kilometers long by, say, 30 meters deep, then you could calculate a gross volume of rock. (Very broadly speaking, rock weighs about 2.5 tonnes / cubic meter). But, without more holes, your level of confidence about the average mineralization cannot be high. Accurately, we just don't know. However, the geologists working there, and our COO, feel that this has serious potential and we are continuing to work on it. We're mapping, looking at an aerial survey, possibly IP, some work on the camp to improve working conditions there and, obviously further drilling. The last includes deeper and core drilling. Timing not yet certain but I hope to be back in there with a drill in about a month. Hope. I also hope this helps. Greg