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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Jagow who wrote (1899)	8/25/1998 3:25:00 PM
From: Chuca Marsh	Respond to of 5143

Key to success is a weird ASK -today...enjoy: M.G. Gold Corp. (OTC: MGAU) Time: 2:58PM Last Trade 0.140 Change - 0.016 (-10.40%) Bid 0.140 Ask 0.175 Volume 01,6000 Prev.Close 0.156 Open 0.175 Day Range 0.140 - 0.175 Last Tick 00 Avg.Volume 017,1000

To: Bob Jagow who wrote (1899)	9/2/1998 1:39:00 PM
From: Karl Zetmeir	Read Replies (3) \| Respond to of 5143

MG Gold Announces Marble Quarry Funding PHOENIX (Sept. 2) BUSINESS WIRE -Sept. 2, 1998--MG Gold Corp. (OTC BB:MGAU) Wednesday announced that private funding has been obtained for the company to begin mining the marble quarry. This is a Joint Venture between MG Quarries L.L.C. (a wholly owned subsidiary of MG Gold Corp.), and Arizona Pink Marble L.L.C. (Details of the Joint Venture were in a press release dated May 19, 1998) By securing private funding for the operation, management believes it has been successful at protecting shareholder value. The funds from the loan will be fully repaid from MG Quarries profits. Management believes this to be a significant turning point in the history of the company. It is the first time MG Gold has not relied on private placement financing to develop resources. MG Quarries will be able to provide MG Gold Corp. with a continuous, positive income stream for many years. Contract negotiations are completed with a site manager, marketing manager and quarry assistants. Initially, most equipment will be leased with an option to purchase. Currently, the company has "letters of intent to purchase" over 100,000 tons of the marble landscape material. These are primarily from Phoenix companies who service the decorative landscape business. Other landscape companies from the Las Vegas area as well as other southwestern cities, have expressed a marketing interest in the decorative gravel as well as the marble boulders. MG Gold Corp. is a diversified, environmentally responsible natural resource company. Its mission is to continue building a natural-resource company by acquiring, developing and operating resource assets, converting them to significant cash-flow generators and thus enhancing shareholder value. Forward looking statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, commodity prices of precious metals, increased levels of competition for the company, perfection of extraction technology, the company's dependency upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports. The company assumes no obligation to update the information in this release. All inquiries can be made through the offices of MG Gold Corp. at 1334 E. Chandler Blvd., #5, B-72, Phoenix, Arizona 85048 or by calling Mike Amundson, Chief Operating Officer, at 602/460-7842 or Fax at 602/460-6324. MG Gold information can also be obtained through its Web Site; mggold.com -0- kjs/ix* CONTACT: MG Gold Corp., Phoenix Mike Amundson, 602/460-7842 Fax: 602/460-6324