To: Richard Mazzarella who wrote (3063 ) 10/22/1998 5:59:00 PM From: Chuca Marsh Read Replies (1) | Respond to of 3594
Compare and Conrast- 2,640 feet is half a mile, that length is mentioned for the DEPOSITE as unmined. I think that the Due Dilly period is about right for CHIP ...two weeks! I'd walk a half mile for a Camel. Zyban takes effect in 2 weeks, the comparison is Erie: Date: Thu, 22 Oct 1998 13:44:59 -0700 (PDT) X-Sender: keith@mail.kjmcap.com To: (Recipient list suppressed) From: keith@kjmcap.com (KJM Capital Corp.) Subject: CHIP Press Release Thursday October 22, 4:20 pm Eastern Time Company Press Release LS Capital Acquires Interest in Brown's Gulch Placer Property in Montana Production Test to Begin Shortly DUBLIN, Ireland--(BUSINESS WIRE)-- Oct. 22, 1998-- LS Capital Corporation (OTC BB:CHIP) announced today that it has completed the acquisition of a majority interest in Brown's Gulch, a prospective placer gold and garnet property near Virginia City, Montana. LS Capital reported that a 300-400 ton production test will commence on the property within one week if weather conditions permit. Results will be announced as soon as the test and related assays are completed. The production test will be conducted by Wind River Mining & Engineering Company, which holds a 25% after pay-out interest in the property. LS Capital holds a 100% interest in the property until LS has recovered its initial investment, and a 75% interest thereafter. Brown's Gulch was previously a placer producer. With approximately 2,500 feet of unmined material along the gulch, there is significant potential for future production. To date, the region surrounding the gulch has yielded more than $130 million worth of nuggets, flakes, and gold dust. Brown's Gulch is a tributary of the famous Alder Gulch in the Virginia City mining district of Montana. The Virginia City Chamber of Commerce notes that the Alder Gulch placer, which Brown's Gulch flows into, was the richest placer gold discovery in mining history. For further information on the history of placer mining near Virginia City, see www.virginiacitychamber.com. LS Capital Corporation is a holding company with subsidiaries developing a proprietary microfine precious metal extraction process and exploring mineral prospects on the Company's various California, Arizona, and Montana properties. Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform 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 filed with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this release. Contact: OTC Financial Network Mario "Ike" Iacoviello, 888/356-2387 / 760/931-9211 ike@otcfn.com More Quotes and News: LS Capital Corp (OTC BB:CHIP - news) Related News Categories: mining/metals KJM Capital Corp. kjmcap.com If you would like to be removed from this list, please reply and include in subject "remove" Chucamoved( I smell Camel Bricks) Anyone else? Leprecaun Geologist that walk slow, find nuggets, in half a mile the decimal math says that they walks funny, in Umpteen days, he walks big steps that are 2 inch strides, little steps that are one in three backwards, and with 8 hours sleep; he traverses the course of 2,500 feet in typical Due Dilly Time! Go LS Capital. Gulch is how many miles long? 1, 5, 10, 20 or 30? Uneconomic, nah, perswih the thought. Just a claim block oversight. Could be good, with a 45 Degrees Slope- it may be a Quarter Mile Open Pit Mineable! That is a thousand feet of a chance to hit paydirt, better odds than at the Casino.