To: saul mikaliukas who wrote (2404 ) 2/15/1999 6:30:00 PM From: tanoose Read Replies (2) | Respond to of 2635
Hello Saul; You wrote??.......................I will do my best for now?? Could someone furnish the answers to the following questions..... 1. How many drill holes did Kinross drill on the Railroad property this past year? I believe there was 25,253 drilled in 1997, not sure how many feet in 1998, but I know of the results for eight holes that were drilled, you can see the results in a Dec 11th news release, posted below?? 2. What real percentage and participation does Brex have in the Railroad project. I recall they have smelter rights and what is the percentage? NONE??.....They share a jv in a property in Joutel twp, Val Dor dist...............79% MIQ 21% Brex 3. Any idea when some drilling results may be coming out? No sorry?? 4. Is there a web address for Brex? Check this site...............http://goldsheet.simplenet.com Look them up in this directory, not sure if they are listed?? 5. What is the current telephone number for Mirandor public relations? 1-819-825-9065 or 1-514-285-8565 Thanks in advance for your assistance and best regards! Mirandor Exploration Inc. MIQ/MSE "Railway project results" Shares out 18 million Also Kinross Gold Corp K/TSE Per James Speros: Exploration Mirandor has received the following information from Kinross Gold concerning the Railroad project in Nevada. The drilling program continues at the Railroad project, where Kinross is earning a 60 per cent joint venture interest in a large Carlin Trend land position with Exploration Mirandor. Work to date has provided encouragement at several near-surface targets. Stepout drilling in one area has cut promising mineralization. A fence of three holes had the following mineralized intersections: Hole Thick- Depth Au ness ft ft oz/t K98-26 35 45 - 80 0.2374 K98-27 85 75- 160 0.0819 includes 20 0.227 K98-36 100 145-245 0.0392 includes 20 0.102 In the near vicinity drilling has also hit: Hole Thick- Depth Au ness ft ft oz/t K98-18 30 15- 45 0.036 K98-30 80 90-170 0.046 K98-37 105 265-370 0.121 (fair grade..CMN) K98-49 70 855-925 0.110 K98-55 85 375-455 0.072 The geologic setting and host rocks are largely similar to those at the nearby Rain deposit where Newmont produced more than one million ounces of gold from an open pit and is currently developing an underground resource for production Holes 26, 27, 36 were drilled on section and was a stepout fence designed to discover the possible continuation of the surface POO deposit (geologic resources as at July 1997 of 1.4 million ton at 0.085 oz/ton gold), (D. Gaudreault, July 1997). These stepout holes now further extend the known strike length of the POO deposit to the east. Holes 18, 37 and 55 were drilled in the vicinity, while hole No. 30 was drilled approximately 1,400 feet east of the POO deposit. Hole No. 49 is a new discovery hole and is approximately 2,900 feet south southeast of the POO deposit towards the Bunker Hill zone which was discovered in 1997 by Mirandor. Bunker Hill is feet southeast of hole 49. Kinross and Mirandor have an agreement whereby Kinross can earn a 50 per cent interest in the Railroad project by expending approximately $10-million on an additional 10 per cent by expending a further $7.5-million on a positive feasibility study. The Railroad project, consisting of 55 square miles, is centred on the southern end of the Carlin Trend and lies at the intersection of the NW-SE Carlin Trend and the N-S Pinon anticline structure. It is within a Carlin erosional "window" exposing at surface favourable lower plate sedimentary rocks. Hope this helps?? With regards,Frank