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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: JEB who wrote (16460)	2/22/1999 7:04:00 PM
From: C Hudson	Read Replies (1) \| Respond to of 34075

Translation of the article, taken from a post on RB..... The mining consultant multinational Behre Dolbear & Company affirmed that the region yungue6na of Cangalli, to the north of La Paz, is a " great mining virgin gold deposit " that by lack of technology was not operated in the world, after studying the zone in last the three weeks. The information was provided by the vice-president of this consultant, who has her seat in the United States, Henry Sandri, who arrived at the country last Friday, as soon as its company to order of the North American Golden Eagle International - who operates in Bolivia required the services of the multinational. The announcement took place in a supper of bienvenda that Golden Eagle offered to the executive of Bhere Dolbear, the past Friday, where they attended like guests the prefect of La Paz, Luis Alberto Valle; the vice-minister of Mining, René Rengel. In addition to the president of the Association of Medium Mining Industralists, Raul Spain; the representative of the Confederation of Industralists Deprived of Bolivia (CEPB), Hernán Sanchez, and several members of the Mining Club among others. " I have never seen so important gold deposits, if the precision studies continue we could announce great reservorio ", Sandri said to the guests to the supper of Golden Eagle. The executive of Behre Dolbear did not want to comment to SNB the characteristics of the study that made in Cangalli, reiterated that " they are important deposits ", and that after the representatives of Golden Eagle in Bolivia authorize, will reveal the information who made their technicians in the Cangallí region, in yungas of La Paz. Nevertheless, he said that they were weeks of arduous work in Cangalli, where two American technicians of Behre Dolbear reviewed the zone jointly other engineers whom they contracted. Of his part, the president of Golden Eagle, Terry Turner, said to SNB that the detail of the report of Behre Dolbear will be known tomorrow, Monday in the evening, after a protocolic interview with the president of the Republic, Hugo Banzer, who rec that it will receive the executive of the multinational consultant. " To the moment we cannot speak of reserves we requested calm, although we are very daring after Behre Dolbear came to Bolivia because the prejudices against Golden finished ", Turner said. On the other hand, the representative of the CEPB, Hernán Sanchez, congratulated the work carried out by Golden Eagle in his effort to obtain the arrival to the country of Behre Dolbear that will certificará the wealth of this world-wide gold deposit. Behre Dolbear & Company, were created in 1911 in the United States and soon it extended by several countries of mining productive tradition, certificando mineral reserves and describing the metalurgístas degrees as those reservorios. In Bolivia he worked in coordination with the Mining Corporation of Bolivia, when still he operated in production and exploration. Golden Eagle International, is " junior " a mining company (young) in Bolivia, quotes in stock-market of Values of New York, the United States, it has his seat in Denver Colorado, and May of 1998 it announced that it has important gold reserves in Cangalli, which caused suceptibilidad in mining circles that doubted that fact. His consultant, Guido Paravicini, said that the reserves exceed the 5 million ounces troy, which could place to Bolivia like a potential auriferous country in the world-wide context, where in mining he shone later by the silver in the colony and by tin. SNB