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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Handshake™ who wrote (7578)12/9/1998 1:25:00 PM
From: bully  Read Replies (3) | Respond to of 25548
 
Dayton Mining Corp -

Operations continue to improve at Andacollo gold mine

Dayton Mining Corp
DAY
Shares issued 40,856,779
1998-12-03 close $0.4
Friday Dec 4 1998
Ms. Diane Thomas reports
Operations continue to improve at the company's Andacollo
gold mine with a third successive month of record gold
production in November 1998. The mine produced 10,015
ounces of gold in November.
Discussions are continuing with the company's banking
syndicate and other lenders for the restructuring or refinancing
of the company's bank debt. Discussions are proceeding
without an extension of the waivers of default previously
given by the lenders to Nov. 30, 1998. Dayton has not yet
agreed to a restructuring and there is no assurance that terms
acceptable to the lenders will also be acceptable to Dayton.
The company will disclose information as it becomes
available.
Dayton Mining Corporation holds a 100 per cent interest in the
Andacollo gold mine in central Chile.
(c) Copyright 1998 Canjex Publishing Ltd.
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