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

To: Steve Stakiw who wrote (3517)	4/6/1998 4:21:00 PM
From: Texas77	Read Replies (1) \| Respond to of 4057

Tis the season - and it has been a fair while COME ON AND LET'S GO FAIRMILE!!!!

To: Steve Stakiw who wrote (3517)	4/13/1998 7:33:00 PM
From: gian piero ciambella	Read Replies (1) \| Respond to of 4057

I received this email over the long Easter Week End, not much is new here. Has the long overdue PP been completed yet? It's nice to have 600,000 oz Au reserve which is not economical what about the other majors coming in, why this run around... is anyone really interested then where is the action???? P.S. when is the next holiday that's coming up before the next release or positive news? FAIRMILE GOLD CORPORATION "Building Quality Gold Assets" Fairmile Gold Corporation is a Canadian mineral exploration company focusing on gold prospects in Nevada. Mineral Properties: Buffalo Valley Project, Battle Mountain Gold Trend, Nevada Highland Gold Project, Walker Lane Gold Trend, Nevada Symbol: FLA - Alberta Stock Exchange U.S. 12g Exemption No. 82-3717 52 Week Price Range: $2.10 - $0.12 Average Daily Volume : 60,000 on ASE Shares Outstanding: approx. 18.9 million issued and outstanding approx. 22 million fully diluted approx. 6 million held by funds (Societe Generale, Midas Fund, etc) approx. 5% held by insiders Directors: Thomas R. Kelly, President Joseph A. Kizis Jr., Vice President Exploration Anthony R. Field J. Michael Mackey, Chairman Projects: Buffalo Valley Project Fairmile has been focusing its efforts on its wholly-owned Buffalo Valley Gold Project located on the Battle Mountain/Eureka Trend in north-central Nevada. In 1997, the Company formed a strategic alliance with Echo Bay Mines Ltd who funded exploration, including confirmation drilling, through a private placement in Fairmile. In January 1998, Echo Bay gave notice of their inability to continue in the alliance. Resultantly, the Company is now in discussions with major mining companies who have expressed very strong interest in the project, and expects to be able announce a new partner in the near future. The Buffalo Valley Gold Project presently has a resource of over 600,000 ounces gold (within the A/B/O complex). Planned work programs, including further infill drilling, are aimed at upgrading and expanding this resource. Exploration work elsewhere on the property continues to yield excellent results with the strong potential to substantially increase the gold resource. Highland Gold Project The property consists of approx. 3,200 acres of unpatented lode claims located 100 miles east of Reno in the Walker Lane Gold Trend, containing areas of volcanics hosting both high-grade gold and disseminated gold. Old prospect pits and trenches on the property expose a number of closely spaced quartz veins cutting highly altered volcanics. Fairmiles grab sampling returned up to 0.267 oz/ton (9.15 g/t) Au and 3.4 oz/ton (117 g/t) Ag. A 15 ft (4.6 m) channel sample across a vein set exposed in one trench yielded 0.165 oz/ton (5.65 g/t) Au and 0.5 oz/ton (17.4 g/t) Ag. Initial evaluation has identified four priority targets scheduled for follow-up, and has indicated that the geologic setting at Highland is similar to other low-sulfidation, volcanic dome-related gold systems such as Sleeper and Midas, also in Nevada. Highland has the potential to host high-grade, bonanza-type gold/silver veins and disseminated, fracture-controlled precious metals deposits. The property has documented historic production in the 1930s, with references to spectacular values of multiple ounces of gold and silver per ton. ----------------------------------------------------------- Fairmile Gold Corporation Toll-Free: 1-888-599-6777 Suite 902-1060 Alberni Street Fax: 1-604-683-2540 Vancouver, BC V6E 4K2 -----------------------------------------------------------