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To: gladman who wrote (30780)	4/3/1999 2:25:00 PM
From: Brinks	Respond to of 120523

MGAU PROCESSING TECHNOLOGICAL BREAKTHROUGH******** Just as process technological breakthroughs such as heap leaching, autoclaving and oxygenated roasting have had had a tremendous impact on the mining industry turning gold mineralized material that would have otherwise been left as vast amounts of waste rock into huge amounts of valuable gold reserves MGAU believes it has made yet another major technological breakthrough in treating and processing refractory ores. Refractory refers to gold ores that are not amenable to efficient gold recovery via cyanidatin or gravity concentration without additional processing. In addition to this MG has a marble quarry operation providing positive cash flow for precious metal operations. 11 Press releases since December and 5 President's Letters. MG Natural Resources (OTCBB: MGAU) Website: mg-resouces.com March 16, 1999 President's Letter “We have had engineers estimate the weight of the mountain and we are comfortable with a figure of about 196,000,000 tons. We are confident that we are able to recover over an ounce of gold per ton of ore. Based on current projections, we anticipate a positive cash flow from the Sinagua Pilot Plant within the next few months.” February 22, 1999 President's Letter “The extraction of gold from the refractory ore with which we have been blessed is no longer a hypothetical formula. It has become a working model that is being scaled up to commercial production size. Company management and the board of directors have concluded that MG has spent adequate time and funds in conforming with industry standards regarding drilling and performing third party verification by analytical laboratories. Further expenditures at this time would be in conflict with the Corporate mission statement. The proven technology of Johnson, Lett & Company (discussed in the February 16, 1999 press release) has placed MG in the difficult position of being unable to disclose full details and results of the "due diligence" with J/L technology without compromising security and confidentiality.” February 8, 1999 President's Letter “With a significant breakthrough in recovery of gold from refractory ore the possibilities of mining much less ore at much higher grades would produce economic viability with multiple profit margins. The seed of an idea that germinates from research and development needs encouragement and cultivation to go from a seed to a seedling and into a harvest. MG is encouraging and cultivating Johnson & Lett now to be able to reap a harvest in profits later. Our due diligence, assay and recovery work utilizing Johnson&Lett assay technology is part of our vision and goal to be able to identify the most probable mining target. The reason for our insistence on actual recovery of gold from refractory ore is in keeping with the vision and goals of MG. Assays are expenses not profits. Profits are only possible in recovery of precious metals from the actual mining of properties that we own, have claimed or lease. The MG press releases are material fact based on reliable, repeatable, reconcilable assay work done by reputable assay/analytical laboratories.” bigcharts.com. Press Release of 12/10/98 - 350 samples from the Sinagua Cinder Cone and the Sticklizard Basin were sent to be fire assayed. A 70 pound bench test of Sinagua ore was in the process of testing. Management began an ''internal chain-of-custody'' on a 500 pound sample of Sinagua ore processed from acquisition through recovery by MG personnel. Press Release of 1/07/99 - Sticklizard Basin (obtained and processed with an independent chain-of-custody procedure) fire assays returned with an average of 0.469 oz/ton/au. The 70 pound Sinagua bench test returned fire assays in excess of 1.00 oz/ton/au. The 500 pound Sinagua recovery test produced 35 pounds of concentrate. Press Release of 1/26/99 - Twenty-three fire assay reports from three drill holes located at the Martins Peak property were released. They produced average results of 0.547 oz/ton/au. A one ton sample of Martins Peak ore was concentrated with evaluation assays in progress. The concentrates from the 500 pound Sinagua ore began recovery assay procedures. Press Release of 1/28/99 - Twenty-six fire assay reports from three drill holes located at the Martin Peak property were released. They produced average results of 0.503 oz/ton/au. Results from the 500 pound Sinagua ore had not yet been received. Press Release of 2/04/99 - Confirmation recovery assays for the 500 pound Sinagua ore sample were released. The fire assay results indicated an average head ore of 0.563 oz/ton/au. Press Release of 2/16/99 - The concentrates from the 500 pound Sinagua ore sample were refined into a button which was analyzed by a scanning electron microscope indicating a content of 82.87% gold. Back calculations to head ore indicated a gold recovery of 1.034 oz/ton. This recovery represented 184% of the concentrate assays. Press Release of 3/03/99 - The process began on a one ton sample of the Sinagua Cinder Cone for the purpose of calculating the costs through obtaining the ore until it reaches recovered precious metals ''IN-HAND." Press Release of 3/15/99 - Progress for the one ton Sinagua sample was through the concentration stage and was being prepared for refining.