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 : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: john who wrote (7108)	7/1/1998 12:03:00 PM
From: GC	Read Replies (3) \| Respond to of 34075

they have another company sec.gov

To: john who wrote (7108)	7/1/1998 12:25:00 PM
From: James E Lynch	Read Replies (1) \| Respond to of 34075

The Company also announced contracting the expertise of a respected Bolivian metallurgist, German Zambrana, M.A., Eng. Mr. Zambrana is focusing his vast experience in the area of fine gold recovery to aid Golden Eagle in improving its open-pit recovery process. He has been a staff metallurgist with the United Nations and major mining companies, focusing on fine gold recovery issues in such diverse locations as Malaysia, Indonesia, and Brazil. Following two site visits to the Company's Cangalli operation, Mr. Zambrana reported that in excess of 50% of the fine gold being processed was being lost due to present recovery methods. Mr. Zambrana is currently developing a new flow sheet designed to increase recovery levels; Golden Eagle expects the modifications to be completed by the end of January 1998. Management expects that Mr. Zambrana's expertise in fine gold recovery will play a vital role in improving the Company's open-pit capabilities as it prepares to execute the contract with Ingenieria de Servicios Profesionales.