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To: Buckey who wrote (703)	1/15/1999 12:56:00 PM
From: Robert Morris	Read Replies (1) \| Respond to of 746

Newmont Mining named as a defendant: Ag Armeno Mines and Minerals Update Source: http://www.agarmeno.com On January 13, 1999 the Supreme Court of British Columbia granted to Ag Armeno Mines and Minerals Inc. ("Armeno") default judgment with damages and costs to be assessed against Jusuf Merukh ("Merukh"). Armeno filed the Action on October 14, 1998 claiming damages and costs against PT Pukuafu Indah ("PI") and its principal Merukh for breach of the May 28, 1998 Agreement through which Merukh and PI granted the sole and exclusive option to Armeno to purchase 90 percent of PI (effectively an 18 percent interest in the BATU HIJAU mining project). As stated in Armeno's news release of January 11, 1999, the Supreme Court of British Columbia on January 7, 1999 granted Armeno default judgment with damages and costs to be assessed against PI. Newmont Gold Company ("Newmont") of Denver, Colorado is also a Defendant in the Action. Presently ranked as one of the largest start-up mining projects in the world, Newmont has announced that the US $1.9 billion project remains on budget and on schedule for start-up in late 1999, and that at completion, BATU HIJAU will be one of the world's largest and lowest cost copper/gold projects with estimated annual production over the mine's 25 year life to average 540 million pounds of copper and 550,000 ounces of gold. On behalf of the Board of Ag Armeno Mines and Minerals Inc., Bedo H. Kalpakian, President FOR FURTHER INFORMATION PLEASE CONTACT: Ag Armeno Mines & Minerals Inc. Bedo H. Kalpakian President (604) 681-1519 or 1-800-665-3119 (US) (604) 681-9428 (FAX) Email: armeno@axionet.com Website: agarmeno.com