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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Randall E. Brubaker who wrote (6876)	7/29/1998 9:49:00 AM
From: Ed Fishbaine	Read Replies (3) \| Respond to of 14226

To all, New release on the web site: IMO GPGI is getting smart with this low keyed announcement. Just enough to tell shareholders that things are happening with no hype. 28 July 1998 Global Platinum + Gold is pleased to announce that the first commercial shipment of precious metals impregnated resin was shipped on July 22nd to Sabin Metal Corporation for final processing. The next shipment will be made during the first week of August and subsequently shipments to Sabin are expected to be made weekly. As the operation at the GPGI mill ramps up it is expected that the quantity of material shipped will increase. Based on experience gained in processing the ore with this new method it is expected that the metal values will increase. It is also expected that with refinements in the leaching process there will also be an increase in metal recovery. Refining the impregnated resin results first in the recovery of gold. This is followed by platinum, then palladium and finally rhodium which can take as much as 3 months to process. Therefore, payments received from Sabin will reflect this staggered recovery process. This communication includes certain forward looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding objectives and anticipated results are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.