Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Greg W. Taylor who wrote (1197)	4/20/1998 9:47:00 PM
From: Neil Irwin	Read Replies (1) \| Respond to of 2346

From the April 17 edition of the Pennaluna Prospector, as reported in the Stockhouse Online Journal (http://www.stockhouse.com/): Yamana Resources (TSE:YRI) of Spokane says it's resumed drilling exploration at its Lejano high-grade silver property at Santa Cruz Vanguardia, Argentina. It hopes to finish most drilling by mid-May, when winter usually sets in there. The firm also added nearly 600 square kilometers to its land position in the area, and retained consultant Dr. Peter L. Siems -- Professor Emeritus at the University of Idaho School of Mines -- to conduct onsite property studies. The stock was trading this morning around CDN$1.63.

To: Greg W. Taylor who wrote (1197)	4/22/1998 8:32:00 PM
From: CJG	Respond to of 2346

Greg! Regarding your news release of April 22/98 (Proposed Equity Offering), I am somewhat disappointed in not including my home province of Saskatchewan. I would be most interested to know why we were left out? I live just 10 miles in from the Sask/Alta border. Maybe this could be another good reason to move the border eastward. Regards CJG

To: Greg W. Taylor who wrote (1197)	4/22/1998 9:15:00 PM
From: Jamie	Read Replies (1) \| Respond to of 2346

Yamana Announces Proposed Equity Offering SPOKANE, WASHINGTON--Yamana Resources Inc. announces that it has filed a preliminary short-form prospectus with provincial Securities Commissions in Ontario, British Columbia, and Alberta in connection with a public offering of units consisting of common shares and warrants of the Company. Proceeds from the issue will be added to current cash reserves and used to fund the Company's international exploration operations, particularly in the emerging silver district of western Santa Cruz, Argentina, where Yamana has recently announced promising precious- and base-metals finds at its Lejano and Bacon properties. Yamana Resources Inc. is a Canadian exploration company holding interests in projects in Argentina, Chile, Paraguay, Papua New Guinea, Indonesia and Washington state. The units, common shares and units comprising the units and the common shares issuable upon exercise of the units, have not been and will not be registered under the U. S. Securities Act of 1933, or any state securities law, and may not be offered or sold in the United States or to US persons unless registered or exemptions from registration are available. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Yamana Resources Inc. Greg W. Taylor Vice President, Corporate Development (509) 838-6615 (509) 838-0714 (FAX) E-mail: gwtaylor@yamana.com Home page: yamana.com