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

To: Claude Cormier who wrote (8011)	12/21/1998 10:27:00 AM
From: Mike Gold	Read Replies (1) \| Respond to of 25548

Claude, (check webpage www.medinahenrgy.com)MDIN has 46 million shares outstanding common, around 9 million prefered(can be converted to common if above $1) I expect possibly upto 10 million shares of diluation from drill program. As far as what they have: 1)Andicollo claims Andicollo claims surround the Dayton mining operation in Chile. These consist of placer, vein, and skarn(manto) deposits. Several million ounces all told. A joint venture annoucement with a Major is expected very soon-ie any day now 2)Santiago Claims These consist of many thousands of acres of claims in various regions of Chile a)Most important. Lipangue. This is a gold/copper porphyry deposit. In this case the hydrothermal breccia pipe appears to contain unusally high gold minerlization based on the IP survey and a previous drill core down into the pipe. Porhyry portion of the deposit I don't believe has been discovered yet. Drill program to start any day. Potential to be a mega oz deposit b) Las Dos Marias-a couple of kilometers from Lipangue-very complex geology-vein, placer, shear, and intusive gold deposits all in one small valley-potential unknown c) Punge and Carin Placers-over 12 kilometers of alluvial placer deposits-ie or 200,000,000 cubic meters of minerlization-previous results show around 1 to 2 grams/ton. Recent results by Russian investment group came up with much, much higher values undernealth boulders in Carin Placer. Estimate a minimum of 8 million ounces Joint venture to be annouced any day now-production to start very soon. d)Caten vein-huge vein near Lipangue-very deep, couple k strike lengthh, couple meters wide. MDIN has started ore stockpiling from vein e)Numerous other properties with lesser or unknown potential