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Gold/Mining/Energy : Canuc Increases High Grade Gold Production in Ecuador -- Ignore unavailable to you. Want to Upgrade?

To: Winzer who wrote (82)	4/2/1998 10:56:00 PM
From: Joseph C. Goldenberg	Read Replies (1) \| Respond to of 493

Spoke to Hub on april 1. Canuc intends to put the mine into production immediately with an initial target of 9000 oz per annum. It sounds like some joint venture arrangement with the former operator/owner. Placer did hit a 7' section of high grade ore but did not mention it in the release. Hub is convinced that there are a series of high grade pipes on the property and that with enough geological work a pattern may be determined to make finding them easier. Apparently Northfield no longer owns the surrounding property. Hub is talking to the new neighbour. Its still a long long way from May to November Regards