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Gold/Mining/Energy : Morgain Minerals MGM "jv with BHP in Mexico" -- Ignore unavailable to you. Want to Upgrade?

To: Gabriela Neri who wrote (415)	2/25/1998 1:49:00 PM
From: Simon D. Yates	Read Replies (1) \| Respond to of 472

Assay results from Tecolote silver zinc property P.S. I believe that the silver results should be in g/tonne, not (%). Morgain Minerals Inc MGM Shares issued 20,800,636 Feb 24 close $1.05 Wed 25 Feb 98 News Release Mr Joseph De Felice reports The company has received assay results from its new discovery zones on its Tecolote silver-zinc property 110km north-west of Hermosillo, Sonora, Mexico. Discovery of these zones were previously reported in a news release in Stockwatch dated February 12 1998. The zones are 8 to 10 metres wide, intermittently exposed along a strike length of 500 metres. Bulk chip samples taken in 2 metre widths within these 2 new zones known as Tizoc and Purga assayed as follows: Ag Pb Cu Zn (%) (%) (%) (%) T12-700 46.6 3.25 0.12 5.49 T12-701 136.0 5.39 0.68 8.10 T12-702 240.0 6.26 0.03 6.05 T12-703 112.0 5.12 1.28 2.08 T12-704 58.4 3.71 3.30 3.73 T12-705 78.1 5.83 0.06 1.42 T12-706 79.4 2.13 0.51 4.28 T12-707 141.0 3.77 0.43 0.36 T12-708 11.8 0.30 0.18 0.22 T12-709 9.9 0.25 0.32 0.29 T12-710 14.9 3.98 2.06 3.69 T12-711 4.9 0.42 0.01 0.94 T12-712 76.0 1.52 0.03 0.71 A bulldozer is presently engaged in trenching across the zones in order to expose them for further sampling. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Gabriela Neri who wrote (415)	2/25/1998 7:37:00 PM
From: RENO GAMBLER	Read Replies (1) \| Respond to of 472

To : Gabriela Neri, I didn't quite get enough information from your letter on exactly how you feel about Morgain's ongoing development on their extensive programs. I realize they have not been promoting their company lately but perhaps you may be able to update me on any news that you may have picked up. Any news will be appreciated. Sincerely, RENO GAMBLER