CORRECTION (December 20, 1999)

In our Dec. 13 issue, we reported that Mountain Lake Resources (MOA-V) must pay $470,700 over a 3-year period to the owners of the Klipgat diamond property in South Africa.

Mountain Lake has optioned the property to a private company, Whiterock Investments, which assumed responsibility for property payments to the owners of Klipgat.