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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?

To: Bat Man who wrote (2161)	6/2/1999 12:26:00 AM
From: russet	Read Replies (2) \| Respond to of 2346

Yamana Resources announces that a recently completed 40-hole drilling program on its wholly owned Martinetas property, Santa Cruz, Argentina,has yielded bonanza-grade gold on the Coyote vein with one diamond core hole (DDH) intersecting 5.00 meters of 731.62 g/t Au, including 0.80 meters of 1,594.55 g/t Au (51.27 oz/t) with 1,780.0 g/t Ag (57.2 oz/t). On a separate target 2 kilometers away, another DDH intersected 47.00 meters of 6.68 g/t Au, including 3.05 meters of 89.53 g/t Au with 98.9 g/t Ag. A single DDH in a previously untested sector between these two discoveries hit 16.50 meters of 1.98 g/t Au with 8.9 g/t Ag. Yamana's latest finds are in Argentina. Much lower in elevation the Veladero, but in Argentina and it is warmer there in the winter. People on the Arp thread laughed at me when I said Arp had great geology at Veladero. That was when the stock was $3.00. Yamana has great geology in Argentina. Step on my toes all you want. I'm use to it. The mounties were guarding visible gold samples at the last PDAC in Toronto at the Ontario exposition open house. some buy at a dollar,...others at 2,,,3,,,,4,,,,,5,,,,6,,,,,7 dollars.

To: Bat Man who wrote (2161)	6/2/1999 12:38:00 AM
From: Ronald Russell	Read Replies (2) \| Respond to of 2346

If Yamana had any intentions of halting drilling for the oh-so-big winter that you and others are talking about, they would never have begun drill testing so late in the season in the first place. Such a plan of action would be illogical and extremely counterproductive (why release good news if you are going to be "going cold" in the next few months?). Allow me to quote a segment of the 1998 annual report from a company with holdings in the same areas as those of Yamana, Pacific Rim: "[Argentina and southern Peru] are in the physiographic area known as the Puna, dry Andean uplands analogous to the Altiplano of northern Chile. Unlike more mountainous regions, the Puna is workable YEAR ROUND" (emphasis added). Regardless of exactly how close or how far away northwestern Argentina is from Peru, the fact remains that the entire region has a subtropical to tropical climate. So you see, how Bolivia fits into the whole scenario doesn't make that much of a difference.