NOTE: Your name was added to our list because you have shown an interest in smart investing. If your name was added erroneously or you no longer wish to be on our mailing list, simply send "remove" to the "from address". For further information regarding this investment opportunity: Phone: (604) 681-6186 The Board of Directors of El Misti Gold Limited is pleased to summarize current diamond drill results for its wholly owned Sinchao Project in northern Peru located some 450 km north of Lima and 30 km from the Yanacocha Mine, South America's largest gold producer. These results confirm the presence of a large copper-gold-zinc-silver system with potentially economic grades amenable to open pit mining. The deposit remains open laterally in all directions and there is potential for several hundred million tonnes of mineralization. The analytical results were provided by Intertek Testing Services (Bondar Clegg). The quality assurance for all aspects of the diamond drill program has been provided by Howe Chile Ltda., a subsidiary of ACA Howe Ltd. Drill holes SDH-10, SDH-5, SDH-6 and SDH-7 have delineated mineralization over a length of 640 metres and a width of 300 metres with an average thickness of 478 metres. Preliminary test work indicates a specific gravity of 2.6. These measurements indicate a potential for a mineralized zone of approximately 239 million tonnes at a grade of 1.45g/t gold equivalent (Cu equiv. 0.84%). This includes 163 million tonnes at a grade of 1.70 g/t gold equivalent (Cu equiv. 0.99%) which includes 111 million tonnes at a grade of 2.18 g/t gold equivalent (Cu equiv. 1.27 %). The mineralization is polymetallic whose value is derived approximately 38% from copper, 24% from gold, 23% from zinc and 15% silver. The accompanying map (not available in e-mail format, please check the Company's web site) shows the area of mineralization defined by the current diamond drill results. Additional results for drill hole SDH-10 and previously released results are set out in Table 1 and are summarized below. Gold and copper equivalent grades have been calculated for each of the significant mineralized intercepts on the basis of in-ground values using the following metal prices: US $287/oz gold, US $5.55/oz silver, US $0.72/lb copper, and US $0.52/lb zinc. Hole SDH 10: 490 (1,181 feet) metres of mineralized intercept at a gold equivalent grade of 1.61 g/t (Cu equiv. 0.94 %). Hole SDH-5: 495 (1,636 feet) metres of mineralized intercept at a gold equivalent grade of 1.59 g/t (Cu equiv. 0.92 %). Hole SDH-6: 602 (1,850 feet) metres of mineralized intercept at a gold equivalent grade of 1.22 g/t (Cu equiv. 0.71 %). Hole SDH-7: 592 (1,810 feet) metres of mineralized intercept at a gold equivalent grade of 1.36 g/t (Cu equiv. 0.79 %). At Sinchao, to date, the Company has undertaken geological mapping, geochemical sampling and ground geophysics followed by drilling. During 1997, twelve RC holes (1,768 metres) were drilled and during 1998, seven RC holes (1,174.5 metres) and ten diamond drill holes (5,176.25 metres) were drilled. The Board is highly encouraged with the mineralization and potential of the Sinchao project and has retained well known and highly respected independent geologist Lindsay R. Bottomer, P. Geo to review all Sinchao project data and help the Board formulate the appropriate next steps for 1999. NOTE: We strive to comply with all laws and to send information to interested parties only. This message is not intended for, nor was it intentionaly sent to Washington state residents. Mistigold has paid a fee of $500.00 for advertising on 2-14-1999 For further information regarding this investment opportunity: Phone: (604) 681-6186