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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Gold who wrote (2309)	5/1/1998 3:45:00 PM
From: KMT	Read Replies (1) \| Respond to of 25548

Mike: rmmlf.org The recoverable value within an ore deposit and the cost of extraction and sale determine the profit margin. Deposits with a high profit margin, generally small with a high gold-silver content and selectively mined, are commonly referred to as BONANZA DEPOSITS. That's what we have in the Catan vein. See our last news release... In addition to the placer grounds, 463 high grade hard rock properties form part of the purchase agreement. One property, the Caleu 1-20, contains several high grade veins including the Catan vein grading about 40 grams of gold per ton over 2 meters. The vein has been followed on surface for 2.8 kilometers and has been trenched and sampled along the strike length to verify grades. A tunnel has been driven into the mountainside at a depth of 1900 meters below the apparent surface of the vein and it is anticipated that, because of the competent structure, the vein will continue to much greater depth. That's what we'll go after first IMO for immediate, serious, cash flow. BTW, note that they're generally small, however, ours appears to be quite large. We've got a Bonanza, Bonanza Deposit if you will. Cheers, KMT