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Gold/Mining/Energy
Twin Mining (formerly Twin-Gold)
An SI Board Since May 2000
Posts SubjectMarks Bans Symbol
613 14 0 TWG
Emcee:  don jackson Type:  Unmoderated
Twin Mining Corp. has completed a road show designed to help it raise between $5-million and
$15-million after expenses to explore for diamonds in northern Quebec.

Hermann Derbuch, chairman and president of Toronto-based Twin, wound up the road show yesterday
in Calgary. He had visited Vancouver and Saskatoon on the Canadian swing after returning from Geneva,
Zurich, Paris and Brussels.

With gold exploration largely in the doldrums, diamonds and platinum and palladium projects are about
the only hot spots for mining companies trying to raise money for grass roots, or early-stage, exploration.
The company was formerly known as Twin Gold Corp.

The financing on a best-efforts basis is being handled by Dundee Securities Corp. and National Bank
Financial Inc. Mr. Derbuch hopes the deal can be closed next week.

Twin is planning to sell the common shares, which are eligible for the flow-through share tax deduction, at
85 cents each. The company had raised $2.2-million last December of which $1.5-million remains.

Twin is listed on the Toronto Stock Exchange and it had 49.4 million shares outstanding at March 31,
and 6.2 million special warrants.

The prospectus describes the sampling of the kimberlite dikes so far as "of a reconnaissance nature."
While only a small number of diamonds have been found, a "very high percentage" are high-quality white
and transparent stones, a technical report states. Kimberlite is a rock associated with the presence of
diamonds.

The company has taken five samples of 10 tonnes each from its Torngat diamond property on the east
side of Ungava Bay in northern Quebec. The exploration permits cover 444 square kilometres. The town
of Kuujjuaq (formerly Fort Chimo) is 250 kilometres southwest of the property.

The money is being raised in order to take 3,000 to 5,000 tonne bulk samples to Saskatoon for
processing. The estimated cost of the second-phase bulk sampling and drilling program ranges from
$5.3-million to $15.2-million with the size depending on the amount raised.

The dikes were discovered by staff and students of the University of Quebec in the early 1990's.
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ReplyMessage PreviewFromRecsPosted
613A pretty fair number I would imagine. Good luck. VaughnVAUGHN-4/20/2004
612how many companies does this apply to? "I've been out almost two yearsrdww-4/19/2004
611Twin Mining and Kennecott strike deal on Jackson Inlet TORONTO, April 15 /CMark S. Schroeder-4/17/2004
610Well finally! Message 20027145 Good luck. VaughnVAUGHN-4/17/2004
609Howdy Will - Further down the list of documents on Sedar is a technical report oLetmebe Frank-4/8/2004
608Sounds ominous.WillP-4/7/2004
607Don, I came across this today, in TWG's Sedar Filing: U.S. Mining Law PropoLetmebe Frank-4/7/2004
606same. martinvds4-1/31/2004
605Hello Frank I've been out almost two years. Management was/is not doing whVAUGHN-1/30/2004
604Vaughn, are you still holding TWG? I got a vibe you abandoned ship. Or like me, Letmebe Frank-1/29/2004
603Poor Roswitha She just doesn't get it. Actions speak louder than words. GVAUGHN-1/29/2004
602Just got this email from TWG: Dear Investor: May I draw your attention to a fLetmebe Frank-1/29/2004
601Man this stock is frustrating. I've given up on it as it is really appears don jackson-1/8/2004
600Martin, Vaughn. We are a lonely bunch. Perhaps you could help me with some Q'Letmebe Frank-8/27/2003
599Thanks Frank Just saw that a few minutes ago and posted comment on one of the dVAUGHN-8/26/2003
598nice, but not what we were waiting for really is it? martinvds4-8/26/2003
597NR: Twin Mining's Jackson Inlet new kimberlite finds enhance diamond discoveLetmebe Frank-8/26/2003
596Twin Mining's Torngat, Atlanta projects advance in Q1 Hunterbob-5/27/2003
595Hello Frank et all Well, I'm just pleased to see that TWG actually did someVAUGHN-5/15/2003
594Thanks Frank.Bruce Robbins-5/13/2003
593What happened to Artie? Message 17362997Letmebe Frank-5/13/2003
592Bruce, look at this post for more information: Message 17385618 Vaughn, et al, Letmebe Frank-5/13/2003
591I'm scratching my head wondering why the ground was still open for staking &Bruce Robbins-5/13/2003
590Hi Gentlemen, Any comments on that last release? JPjpthoma1-5/13/2003
589Hello Frank ***OFF THE WIRE*** Message 18939215 Regards VaughnVAUGHN-5/13/2003
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