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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Thompson who wrote (9053)	1/21/1999 6:16:00 PM
From: Dennis DeNoble	Read Replies (7) \| Respond to of 14226

The following is from Mike McKay. TO ALL: I am pleased to advise that we had made a shipment of resin to Sabin Metals Inc. on Jan. 20, 1999. On this shipment, our analysis method produced metal in hand. The actual amount of precious metals recovered by Sabin Metals Inc. will be reported as soon as we receive notification. This shipment completes our assessment of the different phases of our metals recovery process. R & D is continuing work on methods to improve all phases of our process. Their aim is to increase our recovery by reducing constituents that interfere with the recovery process. R & D continues to analyze all the ores. Initial results indicate good metal recovery from three of the ores found at the Oro Grande Mine. We will continue our detailed evaluation using various recovery methods. Once we have completed the current round of R & D work, is our intention to re-test the best ores to validate the recoveries and than we will proceed with 1,000 pound batches. Mike McKay Facilities Manager