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


To: Trader J who wrote (11234)4/16/1999 9:21:00 AM
From: OFW  Read Replies (1) | Respond to of 25548
 
LAKE ELSINORE, Calif.--(BUSINESS WIRE)--April 16, 1999--Medinah
Energy, Inc. (OTC BB:MDIN) and Cerro Dorado Inc. (OTC BB:CDCH), have
signed an agreement for a 50/50 cost-sharing program to upgrade the
Road access to the Alto de Lipangue and Lobo Solitario projects. The
road will be constructed from Curacavi to the junction of the Las Dos
Marias claims.
Alto de Lipangue and Lobo Solitario properties adjoin the old
road currently being used, which is suitable for small equipment and
temporary access. The discovery of a new gold/copper hydrothermal ore
deposit at Lipangue means more permanent access is required. Costs are
not expected to exceed $60,000. Construction crews and equipment will
be arranged by Medinah and work will begin immediately.

On behalf of the Board of Directors

Per: Larry Regis, President

For further information, contact RGM Communications Inc. at
1-800-547-9375 or access the web site at http:/www.medinahenergy.com/

Note: This News Release may contain certain "forward-looking
statements" within the meaning of the United States Securities
Exchange Act of 1934, as amended. All statements, other than
statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of
Medinah Energy, Inc. are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future
could differ materially from those anticipates in such statements.
Important factors that could cause actual results to differ materially
from the Company's expectations are disclosed under the heading "Risk
Factors" and elsewhere in documents filed from time to time with the
United States Securities and Exchange Commission and other regulatory
authorities.

--30--flb/ny*

CONTACT: RGM Communications Inc.
1-800-547-9375
http:/www.medinahenergy.com