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Gold/Mining/Energy : ENERGOLD (EGD.V) -- Ignore unavailable to you. Want to Upgrade?

To: S. E. Baker who wrote (50)	8/13/1998 11:07:00 AM
From: keith schaefer	Read Replies (2) \| Respond to of 130

The maps went out on the fax last night as part of the press release. One map shows the previous drilling by Falconbridge (they owned the property for a short time, looking for a VMS deposit) and Rosario Resources (AMEX, which owned/operated the mine). Other map shows geophysics, other map geochem and pits. Anybody who wants copies before they're on the web site (a couple days) can email me their fax #.

To: S. E. Baker who wrote (50)	11/3/1998 6:01:00 PM
From: keith schaefer	Read Replies (1) \| Respond to of 130

NEWS RELEASE Energold Mining Ltd. For Release: November 3, 1998 TRADING SYMBOL “EGD-V” Energold to Reacquire 100% Of The Longyear Exploration Concession 100 Meters of Trenching Already Completed ENERGOLD MINING LTD. announces that under a proposed agreement with Eldorado Gold Corporation set to close by November 25th, 1998, the Company will reacquire Eldorado's 51% interest in the Longyear Exploration Concession in the Dominican Republic. Under the current agreement Eldorado is obliged to make semi-annual payments of $250,000 to a total of $2,000,000 of which $500,000 has been paid to date. Eldorado also is obligated to fund all expenditures to production. The new agreement will call for Eldorado to surrender its 51% interest to Energold, leaving Energold with a 100% interest in the Longyear concession. Eldorado will pay Energold $175,000 in cash on closing, give Energold 150,000 of Eldorado common shares from its treasury, deliver a secured interest bearing promissory note in the amount of $500,000 due October 1st, 2001 and pay for the recently completed Phase I surface exploration program on the property. Eldorado will surrender all of its rights under the existing agreement as well as its rights to receive a finder's fee of 5% of expenditures under the Minera Hispaniola Agreement. The proposed agreement is subject to regulatory and other approvals. The Longyear exploration concession lies immediately to the southwest of Pueblo Viejo, one of the largest gold mines in the world, with reserves in excess of 20 million ounces. A total of 165 outcrop, pit and trench samples collected from a zone measuring 300 by 700 meters in the center of the 550 by 750 meter gold in soils anomaly at Longyear average in excess of 1 gram of gold per tonne. The zone is currently being trenched to better define the grade and extent of near-surface oxide-hosted gold prior to drilling in early 1999. On behalf of the Board of Directors For more information please contact: Keith Schaefer 604-681-9501 (signed) H. Walter Sellmer The Vancouver Stock Exchange has neither approved nor disapproved this release. 900-543 Granville St. Phone: 604-681-9501 Vancouver BC V6C 1X8 Fax: 604 681-6813 energold.com keith@energold.com