CORRECTIONS (December 27, 1999)

In our issue of Dec. 20-26, 1999, we reported that Vengold (VEN-T) holds 5% of Lihir Gold (LIHRY-Q) and Nuigini Mining, worth US$40 million, as well as cash and securities valued at US$50 million.

Vengold has about US$10 million in cash and holds 5% of Lihir Gold, worth US$40 million.

Noranda (nor-t) has a right of first refusal on any equity financing by Celtic Minerals (CME-V) in which the resulting funds would be spent exploring within 10 km of the Great Burnt Lake deposit in Newfoundland.

A story in our issue of Dec. 20-26, 1999, had stated the major had such a right for any property within 10 km of the deposit.