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


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




To: saul mikaliukas who wrote (2404)2/16/1999 11:40:00 AM
From: AGORA  Read Replies (2) | Respond to of 2635
 
Good morning, Saul. Thanks for the questions. We can probably answer a couple for you.

1] I doubt if we'll ever know how the exact number of drill holes Kinross made in 1998. Remember, these guys do a lot of poking around in order to find areas of interest and before the serious drilling goes on. Having said that, we're all waiting for the remaining '98 drill results. Unfortunately, we don't have a time line on this.

2] Brex's interest in Railroad is confined to the POD deposit only. Brex has a 25% interest of POD. Can't tell you if they have a web site or not but I believe there is a web address for the ariel group of companies, which includes Brex. Since we put Mirandor into it's own domain, the old address doesn't come to mind.

3] You can speak to Gilles Larivierre at 514-285-8565. Not really IR but he can definitely answer your questions.

Regards,
AGORA Internet Relations Corp.
agoracorp.com