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

To: kingfisher who wrote (1383)	6/25/1998 3:02:00 PM
From: Greg W. Taylor	Read Replies (1) \| Respond to of 2346

Although these are generally internal issues which may or may not call for public announcements, I can tell you that no DDH contracts have been signed as of yet and budgets are currently being reviewed. We would like to conduct work in the coming year at Bacon, Lejano and Ciclon West, along with reconnaissance work in the area which would cost between US$3-million and US$5-million. There are several variables including the rate of "success", the rate of drilling, the availability of equipment and crews, as well as the normal exploration unknowns. I hope this helps. Greg