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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC) -- Ignore unavailable to you. Want to Upgrade?

To: George Castilarin who wrote (309)	3/1/1999 11:23:00 AM
From: morrie	Read Replies (1) \| Respond to of 397

Canaccords "Morning Coffee Report" on Abacus. ABACUS MINERALS (AMC-VSE-$0.25: 28.3M issued : 33.4 M f.d : $700,000) will start a 1,000 metre (8-12 hole) program next week on the 100% optioned La Manchuria gold target in Argentina. Last season's Hole #2 intersected 58 metres grading 6.5 g/t Au, and 22.3 g/t Ag. Follow-up drilling intersected 54.6 metres grading 4.46 g/t Au, 14.5 m @ 5.1 g/t Au, and 43.5 m @ 1.27 g/t Au in a 250 metre area of sheeted veins that dip at 45 degrees Geologically, mineralization is hosted in a large epithermal sheeted vein and/or stockwork system contained within rhyolitic and andesitic volcanic units. Company geologists believe that mineralized feeders may underlie the mineralization encountered in drilling. ---------------------------------------------------------------------- Abacus Minerals AMC 131,350 .32 +.05 Resumes drilling this week on Argentina gold target.