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Monsoon Announced Monday, July 5, That the Bureau of Land Management has Issued Permits Which Allow Monsoon to Proceed With the Development of Their Gypsum Mine North of Las Vegas.

PARLIER, Calif.--(BUSINESS WIRE)--July 5, 1999--

Monsoon International Manufacturing & Distribution Inc. (OTC BB:MIMF) announced Monday that critically important permits have been issued by the BLM allowing Monsoon contractors to commence road construction on their expanded Blue Ridge gypsum mining claims.

Dozers will begin cutting additional roads at the gypsum mine at daybreak on Wednesday, July 7.

The new roads will be utilized initially to access prime target drill sites for advanced laboratory sampling; and to quantify and qualify the gypsum asset for appraisal purposes.

The expanded Monsoon drilling program will eventually evaluate materials on over 7,000 acres of heavily mineralized gypsum claims.

Monsoon management is targeting the first few weeks of July to define the quantitative and qualitative parameters of the property slated for wallboard use. Over 1,200 laboratory samples will be taken during the next several weeks on the Blue Ridge claims alone.

Negotiations continue with potential turn key suppliers for Monsoon's wallboard manufacturing facility. Within the next few weeks supplier engineers will be evaluating mill site claims for the pre construction interface with Monsoon management.

Monsoon has set the 15th of September as its target date to complete all necessary pre construction tasks for its manufacturing facility.

More news as it develops.

Statements in this news release may contain forward-looking information within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, included in this release, including without limitation, statements regarding statements that involve risks and uncertainties. There can be no assurance that statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Monsoon International Manufacturing & Distribution assumes no obligations to update information contained in this release.
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Publication:Business Wire
Date:Jul 5, 1999
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