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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: bconard who wrote (5486)	3/31/1998 7:28:00 AM
From: Dennis Kimble	Read Replies (1) \| Respond to of 14226

To All..... 31 March 1998 The following will appear in the wire services today. "BONANZA" IS WHAT SOUTH AFRICAN MINING EXPERT CALLS HASSAYAMPA ORE PILE. Mr. Richard Jensen, CEO of Global Platinum + Gold, Inc. (OTC:BB, GPGI) announced today that in a chain of custody test conducted by Mr. Brian Russell, a world-renowned South African metallurgist, 0.704 ounces / ton of PGM's Gold and Silver was the value obtained in the test of the Hassayampa ore. The Hassayampa has an estimated 500,000 tons of ore on the surface. On February 5th Mr. Russell took a chain of custody sample of the Hassayampa ore, performed the preparation, and under his direction and supervision, ordered Mr. Greg Iseman in Mr. Iseman's laboratory to perform the analysis. (It should be noted that the analysis performed used standard methods and did not utilize the proprietary catalytic methodology developed by Global Platinum and Mr. Russell Twiford.) In summary, the results were as follows on oz / ton calculated to the head ore. Head ore in grams / ton Gold...........1.82 Silver.........11.01 Platinum....5.69 Palladium..2.40 Rhodium...3.22 Total gold and PGM's Grams / ton.......13.13 Ounces / ton.....0.383 Total PGM's, Gold and Silver Grams / ton.......24.14 Ounces / ton.....0.704 Mr. Russell comments that "the Hassayampa dump represents a very valuable ore body" In his written report Mr. Russell further states, "At 13.13g (0.38 oz.) per ton of gold and PGM's the Hassayampa is a bonanza. South African mines are extracting 0.25 ounces per ton of gold from hard rock at three to four kilometers below surface and still making a profit. The platinum mines operate very profitably at 6g (0.175ozs)/ton PGM's" Brian Russell has a degree in geology and chemistry and has been active in the South African mining industry for forty seven-years. In that time Mr. Russell has been employed by Goldfields, of South Africa as the official in charge of consulting to other mining houses. Mr. Russell was director of the South African Minerals Bureau for a period of twelve-years. Mr. Russell has spent nineteen-years with the Council for Mineral Technology, MINTEK, directing analytical research. In his final years at MINTEK Mr. Russell directed the development of metallurgical process technologies. At MINTEK Mr. Russell published numerous scientific papers and he has supervised many candidates for doctorate degrees CONTACT: Dennis DeNoble...........801-277-0744.......(denoble@aros.net)