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Gold/Mining/Energy : ENERGOLD (EGD.V) -- Ignore unavailable to you. Want to Upgrade?

To: Baywall who wrote (93)	2/10/1999 1:53:00 PM
From: keith schaefer	Read Replies (1) \| Respond to of 130

For Release: February 10, 1999 TRADING SYMBOL “EGD-V” LONGYEAR DRILLING UPDATE EXTRA HOLES PLANNED ENERGOLD MINING LTD. (EGD-V) announces that as of Friday, February 5th, 1999, the fourteenth of an originally planned 17 diamond drill holes was in progress. A total of 785.66 meters of drilling has been completed in the first 13 holes with excellent overall recoveries in an oxide cap over an underlying zone of sulphide mineralization. The 13 holes were drilled within a 350 by 500 meter area at an azimuth of 060 degrees and inclinations ranging from –60 to –80 degrees. The average hole depth is 60.43 meters with the shortest hole drilled to 33.2 meters and the longest to 108.54 meters. True depth from surface to the base of the oxide cap ranges from 14.39 meters to greater than 82.8 meters and averages 35.48 meters. Four holes bottom in oxides, the remainder intersect and bottom in the underlying sulphide zone and/or associated strong sericite-silica alteration over intervals of up to 93.64 meters downhole. The oxide cap contains variable amounts of iron oxides ranging from lenses of massive limonite to boxworks (after pyrite?) which make up from 2% to 15% of the rock. Malachite, azurite and manganese oxides, as well as graphite locally, are noted. The unoxidized portion of the holes show locally intensely deformed quartz-sericite schist. The schist is variably to intensely clay-silica-sericite altered, locally graphitic, with meter to tens of meter intervals of massive, semi-massive and disseminated sulphides (mainly pyrite with minor amounts of chalcopyrite and sphalerite) throughout. The drill program has been extended to include an additional 200 meters of drilling in three extra holes to better define and extend zones of potential interest. The additional drilling should be completed by February 15th, 1999. Preliminary logging of the core is complete for the holes drilled. Preparation of the core is underway prior to shipment of samples to Canada for analysis. Results are expected to be received by Energold in early March, 1999. On behalf of the Board of Directors For more information please contact: Keith Schaefer 604-681-9501 (signed) H. Walter Sellmer The Vancouver Stock Exchange has neither approved nor disapproved this release. 900-543 Granville St. Phone: 604-681-9501Vancouver BC V6C 1X8 Fax: 604 681-6813 HYPERLINK energold.com www.energold.com keith@energold.com

To: Baywall who wrote (93)	2/19/1999 3:30:00 PM
From: keith schaefer	Read Replies (1) \| Respond to of 130

Impact Minerals Inc - Impact Goes Ahead with El Brujo Gold Prospect in the DR, drops Majagual Impact Minerals Inc IPT Shares issued 15,866,781 1999-02-17 close $0.08 Friday Feb 19 1999 Mr. Richard Mazur reports Impact Minerals Inc. has entered into a loan agreement with Merfin Management Ltd. in the amount of $50,000. These funds are committed to maintaining Impact's interests in the Los Ranchos gold project, including the exploration of the El Brujo concession in the Dominican Republic. The loan bears interest at 8.5 per cent per year and is secured by an assignment of Impact's interests in the option agreement with Energold Mining Ltd. to earn a 100 per cent interest in four exploration concessions in the Los Ranchos gold project. Subject to regulatory approval, a total of 66,667 bonus shares will be issued to Merfin in lieu of a guarantee of repayment of the loan. This financing meets the commitment to Energold under an agreement dated Oct. 15, 1998 whereby Impact has also committed to an exploration program of $150,000 on the Los Ranchos gold project prior to Oct. 15, 1999. The loan will be used to commence exploration activities on the El Brujo concession while further financing is be finalized. On the El Brujo concession, a prominent gold-copper soil geochemical anomaly measuring 1,000 metres by 1,000 metres has been delineated. Gold-in-soil of greater than 50 parts per billion and copper values greater than 225 parts per billion define the zone. Limited mapping has outlined a hydrothermal complex of volcaniclastics of the Los Ranchos formation, quartz-sericite schist, hydrothermal breccias and porphyritic intrusive rocks. The complex has been intensely deformed and exhibits strong argillic, advanced argillic and sericite-chlorite alteration. Limited sampling of outcrop, float and highly weathered soil and rock has returned values of up to 1,650 ppb gold, 1.8 parts per million silver, 4,800 parts per million copper, 5,700 ppm zinc and 4,800 ppm lead with strongly anomalous arsenic, antimony and mercury. A program of detailed geological mapping, geophysical surveying and trenching is planned to commence shortly. The company has notified Energold that it will not commit to further exploration of the Majagual porphyry copper-gold project under the terms of the extension agreement. Impact will focus its exploration efforts on its gold prospects in the Dominican Republic. The board of directors has granted incentive stock options to certain directors and employees of Impact, for the purchase of a total of 350,000 shares at an exercise price of 15 cents for three years. El Brujo is an excellent property - hosted in the same rocks as Pueblo Viejo (Los Ranchos Formation), sits on of the two major faults in the country, has similar multi-element geochem anomaly Longyear has, indicative of epithermal environment, again like Longyear and Pueblo Viejo. Very early stage, but is one of EGD's top priorities after Longyear and San Antonio 1.