AWSOME NEWS:
Heres the latest news release along with a little commentary from the guys over at ALERTLINE
6/9/98
Good Afternoon Subscribers,
Many of you have asked what to expect out of the new relationship with
NewsUSA and Intergold. We have obtained, with permission of the company,an
article written by Nagdeman & Company, a marketing consulting firm closely
linked to NewsUSA.
This firm closely works with numerous publications.
Here is the distribution list for this release:
MAGAZINES:
AARP/Modern Maturity
Bank Investment Marketing
Bank Securities Journal
Better Investing
Business Week
Crains
Daily Business News Links
Financial Times
Financial World
Forbes
Fortune
Kiplinger's Personal Finance
Registered Representative
Smart Money
Time/Life
US News and World Report
Vis-a-Vis
Worth
Your Money
ADDITIONALLY
FNN
Bloomberg
Moody's
KnightRidder
Dunn and Bradstreet
Institute for Economic Research
Green Financial Communications
Capital Publishing
We at Alertnewsletter.com, of course, are honored to be the first to bring
it to you.
While it is unlikely that every publication listed will feature this story,
it is equally important to point out that this is by no means a "shot gun
approach" either. NewsUSA and Nagdeman & Company work closely with the
editors of these publications. Basically, the editors know the due
diligence has already been done when working with these firms.
For those of you unfamiliar with NewsUSA:
NewsUSA is a 10 year old organization that produces news and feature
stories for hundreds of clients each year, and provides them to thousands
of print and broadcast media nationwide. Each typical NewsUSA feature
story and radio script produces nearly 15 million reader and listener
impressions, according to the company's tracking data.
The public awareness campaign for Intergold Corporation will be developed
and managed jointly by NewsUSA's founder and chairman, Rick Smith,
president/CEO Ron Mueller (formerly executive vice president of the world's
largest public relations firm, Burson-Marsteller) and managing editor John
Pitts (formerly an editor at USA Today).
Some of NewsUSA current clients are; Coca-Cola, Johnson & Johnson, Federal
Express, Quigley Corporation, Fidelity Investments, Motorola, Home Depot,
and Twentieth Century Fox.
The actual release is as follows...
INTERGOLD CORPORATION (OTC BB-IGCO)
Newport Beach, California
NEW STANDARD FOR INVESTOR
INFORMATION ON GOLD STOCKS
NEVVPORT BEACH, June 8 - Some of the mining industry's most highly
respected geologists and geochemists have just passed a significant
milestone at International Gold Corporation, the principal operating
subsidiary of Intergold Corporation.
Last week, internationally recognized mining engineers provided independent
third-party confirmation that economic quantities of 99% pure gold were
recoverable from multiple strata of core samples taken from various parts
of International Gold's Blackhawk Project, a parcel comprised of some 230
unpatented contiguous lode mining claims in Lincoln County, Idaho.
The kind of relatively homogeneous dispersion these results (and
Intergold's own tests) suggest encourages Intergold's conservative
management team to believe that a major portion of the substantial (7,000'x
3,000') mineralized zone in the Blackhawk Project could be well worth the
costs associated with mining and recovery.
The parent, Intergold Corporation (www.intergoldcorp.com) announced June 3
that it has staked a further 101 unpatented lode mining claims in areas
adjacent to Blackhawk, based on promising surface sampling and assay test
results. This boosts the total number of claims available for Intergold's
exclusive exploration to 331. In addition, Intergold has a 49% joint
venture with Goldstate Corporation encompassing a further 439 claims, known
as Blackhawk II.
After five years of exploration testing and planning, Intergold's
scientists and business professionals realize, however, that this milestone
marks a beginning, not an end. Intergold is now commencing even more
exhaustive testing and a new phase of Research and Development.
Under the leadership of their President, Dr. Michael B. Mehrtens, Intergold
will next begin progressively more exhaustive core sampling to prove and
dimension this find. Dr. Mehrtens, the industry veteran that major
financial institutions and investment houses have engaged to help them
assess the viability and value of mining properties around the world, wants
more definitive proof of the reserves before making any public estimates.
"There's plenty of time for excitement once all the data is in." Mehrtens
said.
Intergold will also be testing which metallurgical recovery procedure would
optimize the production of physical gold from such ore. Average gold
values of all drilling conducted to date on the Blackhawk property are .14
ounces per ton. Initial tests by independent engineers produced a 25% gold
recovery rate, while Intergold's own tests produced a 60% rate. Clearly,
the recovery technology selected will have a significant impact on ultimate
productivity.
Some who'd like to make it a simplistic analysis might suggest taking the
60% recovery rate on an average gold value of .14 ounces per ton, then
multiplying by the projected ore tonnage in the Blackhawk site. But
jumping to such conclusions is not consistent with Dr. Mehrtens' rigor and
conservatism.
As it is with sophisticated investors and their advisors, due diligence is
of paramount importance to Dr. Mehrtens' approach. To help investors and
financial professionals with their own due diligence, Intergold is
launching an innovative investor information program focused on the
practical realities of converting a major mineral resource prospect into a
stable business enterprise.
As this new program unfolds, it will provide a context for interpreting a
steady stream of up-to-date information on Intergold and the progress of
its Blackhawk Project. Intergold wants investors and financial advisors to
understand where they are as they progress through a systematic process
that helps manage risks and provide stability to the development of the
Blackhawk Project believing that informed investors will be their most
loyal supporters.
Intergold's information program will be developed by a strategic alliance
between News USA and the WallStreet Consulting firm of Nagdeman & Company,
an organization which has distinguished itself among banks, insurance
companies, mutual funds and financial intermediaries for developing and
implementing effective communications within regulatory guidelines.
Dr. Mehrtens recently commented that "this project began in 1994, and we
estimate that the productive life of the project, if proven, will continue
well into the second quarter of the next century. Meanwhile, we continue
working toward the achievement of out stated long-term goals for this
project 'one day at a time'."
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Geologist Michael B. Mehrtens holds a Bachelor of Science degree in Geology
from the University of Hull, England and a Ph.D. in Applied Geochemistry
from the Royal School of Mines in London. He has written prolifically on
many aspects of gold exploration mining and extraction. He has testified
as an expert witness and been engaged as technical advisor on both the
scientific and financial aspects of managing gold mining enterprises. He
has also assessed mining assets for investors and financiers on four
continents.
Professionals in the field of minerals and mining acknowledge that he is a
leader in translating the sciences of geology and geochemistry into the
professional and business management discipline needed to develop both the
information and organization required to systematically build a successful
gold-producing operation--from mineral exploration to extraction to
on-going management. He has been doing just that for some of the worlds
most successful gold, silver and copper producers for over four decades. |
