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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: jocko who wrote (2401)	2/9/1999 2:55:00 PM
From: AGORA	Read Replies (2) \| Respond to of 2635

MIQ EXPLORATION UPDATE Bulletin # FEB99-08 ONCE YOU'VE READ THE HEADLINES, COME TO AGORA FOR THE NEWS Good morning to you all. Please find enclosed a recent update of The Railroad Exploration Program from Mirandor Explorations - MIQ. You will note the company has briefly addressed anticipated further results from 1998 drilling. Furthermore, MIQ also wishes to advise they are currently in the process of closing it's recently announced private placement and scheduled for the end of this month. As soon as we have further news with respect to drill results or the closing of financing, we will forward it immediately. Regards, Agora Internet Relations Corp. agoracorp.com The Railroad Property Exploration Program Exploration Mirandor MIQ.M Exploration Brex BX.M 1998 Program The area of the property is over 55 square miles. The scope of the exploration program is immense. There are a number of known mineral occurrences and new ones are being added with each program. Since 1997 at least 4 new discoveries have been made and there are large numbers of older shallow mining projects, which have been discovered and operated since the early 1900's. It is thought that many of these shallow deposits combine with the Bald Mountain intrusive "heat engine" may be indicators that deeper deposits may be present. During 1998 Kinross Gold became a joint venture partner on the project in February of 1998 by agreeing to spend $ 10 million CDN over four years to earn an initial 50 percent. At the beginning Kinross spent a few months reviewing the existing data from previous programs and mining operations, then commenced the drilling program in July. Initially known mineral occurrences in the south end of the property were drilled. Later the drilling program moved towards the north. In addition, some step out type holes were drilled in areas that were considered to be promising. At Elliot High Ranch, in the SE corner of the property, results were consistent with results from the 1997 program in that mineralization and lower grades were consistent with past work. Results from the more northerly Bunker Hill and POD Deposits were impressive. In particular, at the POD deposit, potential reserves at economic open pit gold grades were greatly enhanced. Additional higher grade holes were also drilled at Bald Mountain. Hole number 49 drilled about half way between the POD Deposit and Bunker Hill was a major intersection at 70 feet of 0.110 oz/ton. This may indicate the potential for a Rain Type deposit. Kinross has stated: "The geologic setting and the host rocks are largely similar to those at the nearby Rain deposit where Newmont produced more than 1 million ounces from an open pit and is currently developing an underground resource". In a conference call held in mid-January, Kinross added: "A mineralized fault running NW_SE has been the centre of most drilling, looking for Carlin-type deposits similar to Newmont's nearby Rain mine, where deep drilling has apparently outlined 2-3 million oz Au at a grade of 0.20-0.30 oz Au/t" 1999 Program At this time it appears that the drilling program has developed two intersecting geologic structures on the POD Deposit, which have a high potential for further development. The area between Bunker Hill and POD should bear further investigation. In addition, Bald Mountain is showing strong potential. Early in 1999 there may be a period where results from the drilling program are under evaluation. However, further results from the1998 drilling program are expected early in the year. Later, in the spring, weather conditions permitting, Kinross has indicated they will resume the drilling program. At this time, the budget for the 1999 has been set at $2 million. It should be emphasized that the project is not the exploration of a single mineral occurrence but the exploration of what amounts to an entire Carlin type window. If the history of the Carlin Trend and the Railroad property itself are indicators the exploration program is aimed not at a single deposit, but a number of deposits. All of the indications from drilling, past work, as well as geologic conditions are present to indicate the existence of more than one economic deposit on the Railroad Property. DISCLOSURE STATEMENT AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from Mirandor Explorations Inc. for the purposes of communicating with Internet shareholders - both current and prospective - to increase awareness of and interest in Mirandor Explorations Inc. AGORA INTERNET RELATIONS CORP activities are aimed purely at keeping their clients' shareholders and prospective shareholders informed about their company. These activities consist of providing investors with previously disclosed factual information concerning the company, comments from company principals, copies of material that has been filed with regulatory authorities, comments prepared by registered brokers or investment dealers and material published in newspapers, magazines or journals. AGORA INTERNET RELATIONS CORP does not participate in the maintenance of an orderly market in their client's securities, nor is required, or receives an incentive for, the maintenance or achievement of a price or trading volume for their client's securities at a certain level, for a specified period of time or by a certain date. AGORA INTERNET RELATIONS CORP. may, at any time, own shares in the company.