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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: findstock who wrote (10397)	3/24/1999 1:31:00 PM
From: Canuck Dave	Read Replies (3) \| Respond to of 25548

MDIN drifting lower on miniscule volume on a 'news' day. NOT a good sign.... CD

To: findstock who wrote (10397)	3/24/1999 3:10:00 PM
From: Handshake™	Read Replies (1) \| Respond to of 25548

Maybe these guys got our assays and we got theirs... Primo Resources Ltd. Update: Northwestern Argentina Projects VANCOUVER, BC--(BUSINESS WIRE)--March 24, 1999--Primo Resources Ltd. (VSE:PRI - news), is pleased to announce first assays from hole VC07 drilled on the Vallecito prospect, Sierra de Las Minas project, northwest Argentina as reported by Golden Peaks Resources Ltd. (the Operator). As previously reported, VC07 intersected the mineralized zone at a vertical depth of 75 meters, from 62.5 to 77.4 meters (estimated 6.0 meters horizontal width). The zone carries malachite, chrysocolla and visible gold. Samples from the zone were metallic assayed by Intertek Testing Services (Bondar Clegg). The following intersection was obtained: 26.87 g/t gold, 163.14 g/t silver & 1.10 % copper over 4.5 meters (69.05 to 73.55 meters) incl 38.41 g/t gold, 239.56 g/t silver & 1.58 % copper over 3.0 meters (70.05 to 73.05 meters) The zone has now been traced by trenching and shallow drilling (-25 meter intercepts) over a strike length of at least 80 meters. The zone has also been intersected in drilling to 100 meters vertical depth. The zone remains open on strike and to depth. The following intersections were previously reported: Inter- section (m) Hole From To g/t Au g/t Ag Note VC01 34.9 43.0 5.0 not assayed 25 meter vertical depth under incl 36.0 40.2 9.3 not assayed trench Tr-1 (17.1 g/t Au/2.5 meters) incl 38.4 40.4 11.9 not assayed VC02 56.40 65.09 4.28 5.65 50 meter vertical depth & an incl 57.10 63.59 6.23 7.80 under cut of VC01 incl 57.71 60.05 7.51 3.91 incl 61.05 63.09 8.75 14.42 VC03 19.81 23.31 2.33 2.38 25 meter vertical depth & a 25 meter incl 19.81 20.31 10.30 4.50 step out west of VC01 VC06 25.02 34.21 1.64 3.37 25 meter vertical depth & a 50 meter incl 30.02 31.21 8.60 8.73 step out west of VC01 (To date only assays of -150 mesh material has been received for holes VC02, VC03 and VC04. Metallic assays are awaited.) The Company is confident, based on results to date, that this mineralized zone has the potential to host very significant gold, silver and copper mineralization. The Vallecito structure, in which this mineralized zone occurs, carries gold, silver, copper (and lead) mineralized quartz veins intermittently over a distance of some 1,500 meters. This structure will be an important focus of future Company exploration. Participants in the Sierra de Las Minas/Los Dos Buhos project are Primo, Mitsubishi Corporation and Mitsubishi Materials Corporation, and Golden Peaks Resources Ltd. Mitsubishi Corporation and Mitsubishi Materials Corporation can earn a 30% interest in the projects by spending US$1.5 million on exploration over three phases. ON BEHALF OF THE BOARD DIRECTORS OF PRIMO RESOURCES LTD. ''Kenneth A. Cabianca'' Kenneth A. Cabianca, President and Director Note to Editors: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. -------------------------------------------------------------------------------- Contact: Primo Resources, Vancouver Kenneth A. Cabianca, 604/689-4048 Fax: 604/689-4078 Toll Free: 800/917-7466 E-Mail: primo@lynx.bc.ca Web site: www.primo-res.com -------------------------------------------------------------------------------- More Quotes and News: Primo Resources Ltd (Vancouver:PRI.V - news; Vancouver:PRI.V - news) Related News Categories: mining/metals