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Re: Ed Monton post# 4

Sunday, 01/26/2003 4:57:37 PM

Sunday, January 26, 2003 4:57:37 PM

Post# of 24
Two of those smaller deposits are mine ready,the others require additional drilling to define resource and or reserves.Special shareholders meeting to vote on the deal thru MacMin of Australia who holds title to the properties and is the parent of NGG and holds 67% of the outstanding shares of NGG or somewhere around 14 million. NGG is looking for either a JV partner to move forward or to finance.Recent deal with Naotek or Minterra apparently fell thru as Minterra could not fund the deal which was for a total of 10 million,not all upfront of course.All that information is at the Website which is very good and is operational and constantly updated.NGG has a booth at both of the Vancouver investment conferences going on this week..all the best....Tomas

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