New Road Access Alto De Lipangue and Lobo Solitario, Chile.LAKE ELSINORE, Calif.--(BUSINESS WIRE)--April 16, 1999-- Medinah Energy, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:MDIN) and Cerro Dorado Inc. (OTC BB:CDCH CDCH Child Development Center of the Hamptons (New York) ), 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 hydrothermal ore deposit Any concentration of metallic minerals formed by the release of solids from hot mineral-laden water (hydrothermal solution). The solutions are thought to arise in most cases from the action of deeply circulating water heated by magma. 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 RGM Restaurant General Manager RGM Robby Gordon Motorsports (NASCAR team) RGM Regional General Manager RGM Robert George Meek (British music producer) RGM Radar Guided Missile 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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 Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. 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. |
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