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Gold/Mining/Energy : Mt. West--Best gold/energy combo -- Ignore unavailable to you. Want to Upgrade?


To: Robert McCullough who wrote (68)7/29/1998 12:44:00 AM
From: Dale Schwartzenhauer  Respond to of 77
 
Bob: you wouldn't think anything was happening by looking at the market; we traded 1,000 today at a nickel (that's US$0.035 for all us Yanks!). There are a couple things that are suppose to be developing, but I couldn't isolate a timeframe on any of it. As a side note, I saw a company today report 115 feet of 1.611 ozs gold per ton and the stock fell $0.15 (7«%). So it would take a lot right now to budge this or anything else. Wish I could be more positive.

Dale



To: Robert McCullough who wrote (68)9/28/1998 12:47:00 AM
From: Dale Schwartzenhauer  Read Replies (1) | Respond to of 77
 
Latest drill results from the Elkhorn District:

Elkhorn drill results

Treminco Resources Ltd TMO
Shares issued 10,508,197 Sep 24 close $0.27
Fri 25 Sept 98 News Release
Mr. David Hottman reports
The company has released assay results for the recently completed drill
program at its Elkhorn gold project, under option from Newmont Gold
Company. The surface core drill program, which consisted of eight holes
totalling 1,377 feet, was monitored by MRDI Canada. Drill results will be
incorporated into the updated pre-feasibility study currently being
prepared by MRDI.
All assay results have now been received for holes CEH98-7 and CEH98-8.
These holes are the deepest holes drilled in this ore block to date.
Significant intercepts are listed below:

From - To Intercept Au
Hole No. (ft) (ft) (oz/t)
-------- --------- --------- ------
CEH98-7 90 - 165 75 0.479
incl. 90 - 95 5 0.847
incl. 100 - 105 5 0.644
incl. 105 - 110 5 0.641
incl. 110 - 115 5 0.615
incl. 115 - 120 5 0.389
incl. 120 - 125 5 0.212
incl. 125 - 130 5 0.469
incl. 130 - 135 5 1.511
incl. 135 - 140 5 0.441
incl. 140 - 145 5 0.432

CEH98-8 133 - 165 32 0.322
incl. 154 - 165 11 0.518
The drill program has confirmed that the Elkhorn project is a quality gold
asset. The company is pleased with the results of its due diligence efforts
to date, and it is looking forward to concluding its review and receiving
the updated MRDI pre-feasibility.
The MRDI pre-feasibility, which will provide a revised gold resource,
diluted mineable gold reserve, capital requirements and operating costs for
the Elkhorn project, is expected to be delivered shortly.