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

To: Tom Harper who wrote (1003)	3/4/1998 5:54:00 PM
From: Greg W. Taylor	Read Replies (1) \| Respond to of 2346

Tom: Targets for the coming weeks and months at Santa Cruz Vanguardia are: -- next week I plan to have an update on the Lejano property, letting people know what we are doing,along with results from check assays and geochem sampling on the new gossan; -- we've started drilling elsewhere on Santa Cruz; -- we'll be back drilling on Lejano in about a month; -- the drill season runs to about late-May at Lejano and we generally get back in there is September. (The major issue is darkness and cold, rather than snow.) -- I'll release results as we go, each time we have a meaningful amount to report (i.e. not one or two holes at a time). More detailed answers to your questions will be available during this process but suffice it to say we will be back to drill at Lejano as soon as possible following recon and mapping work. As to exploration budgets, we are working with our own drill and crews in Santa Cruz, so the costs are quite low. (Generally, direct cost of drilling these shallow scout holes is about US$6 / meter.) I hope this helps. Greg