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

To: ANDRE who wrote (3535)	4/22/1998 9:04:00 PM
From: JAS	Respond to of 4057

Congrats. on your gain Andre. I like your 318.00 area for Gold. Not sure how long this will be but I think we will see 350.00 before the 250.00 that so many predicted earlier. I have July 21.00 Placer calls that are also moving up very nicely. Hanging on for the ride Jim S

To: ANDRE who wrote (3535)	5/12/1998 4:47:00 PM
From: Steve Stakiw	Read Replies (1) \| Respond to of 4057

Fairmile Gold Closes Private Placement for Over $500,000 FAIRMILE GOLD CORPORATION Telephone: 1-888-599-6777 Toll Free Fax: (604) 683-2540 May 12, 1998 ASE: FLA FAIRMILE GOLD CLOSES PRIVATE PLACEMENT FOR OVER $500,000 Vancouver, BC - Fairmile Gold Corp. (Fairmile) is pleased to report that it has closed its previously announced private placement. A total of $546,975 was raised through the sale of 3,315,002 common shares of Fairmile priced at $0.165. Proceeds will be used to fund the Company's on-going exploration and development work at the Buffalo Valley and Highland gold projects, located on two of Nevada's prolific gold trends. At Buffalo Valley, located in the heart of the Battle Mountain/Eureka Gold Trend, discussions are underway with various well-known Nevada gold companies regarding a possible joint venture. With approximately 600,000 ounces of gold in the present resource and positive exploration results from various targets at the property, Buffalo Valley offers an attractive package of both the potential for near-term production and the ability to significantly increase the project's resource. With respect to the Highland Project, located along the Walker Lane Gold Trend in western Nevada, geologic evaluation continues. An analysis of the project's geology has targeted several areas for follow-up work as weather permits. Fairmile believes that the geology at Highland is similar to other deposits, such as Midas, that contain high-grade gold reserves amenable to low-cost production methods. Work will focus on acquiring sufficient geologic knowledge to begin an early stage drill program. For further information visit Fairmile's web site at fairmile.com or contact Investor Relations at 1-888-599-6777. "Thomas R. Kelly" Thomas R. Kelly, President The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.