New Road Access Alto De Lipangue and Lobo Solitario, Chile.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 Marias (mərī`əz), river, c.210 mi (340 km) long, rising in several branches in NW Montana near the Continental Divide and flowing SE to the Missouri River near Fort Benton. It receives the Teton River. The Marias is used for irrigation. Tiber Dam (completed 1956), located in the lower course, is part of the Missouri River basin project. 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 RGM - Radar Guided Missile RGM - Random Gauss-Markov Model RGM - Range Gate Memory RGM - Regional General Manager RGM - Reliability Growth Management RGM - Reliability Growth Model (software reliability) RGM - Remote Group Multiplexer RGM - Restaurant General Manager RGM - Robby Gordon Motorsports (NASCAR team) RGM - Robert George Meek (British music producer) 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. |
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