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

To: Jesse who wrote (2030)	3/27/1998 6:51:00 PM
From: Jesse	Respond to of 4256

Correction: fyi, MEO has 90% of the Valhalla, 50% of the Grizzly: From the 05/15/97 NR: "Mr Power also reports The company has entered into an agreement with Grizzly Gold, a private Alberta company at arm's length to Montello, to acquire an option to earn a 50% interest in 136,000 acres of mineral exploration permits in west central Alberta. The cost of the acquisition will be the issuance of 80,000 shares and expenditures on an exploration program on the property of $50,000 on or before May 14 1998, and an additional $100,000 on or before May 14 1999 (for total expenditures of $150,000). . . In accordance with the staking agreement, the company has also transferred a 10% interest in a nearby property in west central Alberta to Grizzly Gold in exchange for Grizzly's payment of 10% of the staking costs." -j :>