<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
For the month of March, 1999
Minco Mining & Metals Corporation
- --------------------------------------------------------------------------------
(Translation of registrant's name into English)
Suite 1200 - 543 Granville Street, Vancouver, B.C., Canada V6C 1XS
- --------------------------------------------------------------------------------
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ]
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
<PAGE> 2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Minco Mining & Metals Corporation
-----------------------------------
(Registrant)
Date March 31, 1999 By /s/ Ken Z. Cai
-------------- ------------------------------
Ken Z. Cai, President
<PAGE> 3
Minco Mining & Metals Corporation
INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
- --------------------------------------------------------------------------------
99.1 Press Release Dated January 13, 1999
99.2 Press Release Dated January 14, 1999
99.3 Press Release Dated February 3, 1999
99.4 Press Release Dated February 4, 1999
99.5 Press Release Dated February 8, 1999
99.6 Press Release Dated February 25, 1999
99.7 Press Release Dated March 22, 1999
<PAGE> 1
[LOGO]
Securities & Exchange Act 1934 registration number 0-22617
TSE & VSE : MMM
NEWS RELEASE
FOR IMMEDIATE RELEASE: JANUARY 13, 1999
MINCO ACQUIRING 75% INTEREST IN THE NEW "GOBI" GOLD TREND
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation is pleased to
announce that it has signed a Cooperation Agreement with the Exploration
Institute of Land and Resources (EILR) of Inner Mongolia relating to the Gobi
gold project. The project is located approximately 900 kilometers west of
Beijing in Inner Mongolia, China. The Company has exclusive right to earn a 75%
interest on this 550 square kilometer (km2) property by spending about US$2.5
million on the Project over four years. Minco and EILR would then respectively
hold 75% and 25% working interest in the Project. The agreement is subject to
the approval of the Chinese government and Minco's earn-in amount is subject to
an independent evaluation.
The Property is located on the eastern extension of the central Asian Tianshan
belt, which hosts such giant deposits as Muruntau (140 million oz. gold),
Kalmakyr (26 million oz. gold and 13 million tonnes of copper), and Kumtor (13
million oz. gold). The area is the western section of the margin of the well
known North China Craton; the margin area of the Craton to the north of Beijing
is one of China's largest historic gold producing regions. The project is well
accessed by paved highway and gravel roads.
The Gobi belt was discovered by EILR during regional geochemical sampling that
began in 1995. The Cooperation Agreement (CA) covers a 70 km long trend
containing 11 separate regional gold and trace element anomalies. Since 1997
EILR has focused on a small proportion of one of these, which resulted in
discovery of the Zhulazhaga gold deposit. The core of the Zhulazhaga deposit,
which is within a 0.2 km2 area that is excluded from the CA, has been explored
by 30 trenches, an IP survey and 5 diamond drill holes. The rest of this 36 km2
geochemical anomaly has not yet been tested. The trench sampling indicated a
series of 3.5 to 6 metre wide zones, plus intervening narrower zones, which
averaged in the 4 g/t gold range; one of the trenches returned 3.41 g/t gold
over 26 meters. Drill hole ZK18-4 returned 154 m of 1.11g/t gold from 9 m to
163m, including 83 m of 1.66 g/t gold from the top of the intersection. The
drilling also confirmed that high chargeability results from the IP survey
located, but did not fully delimit, the gold deposit. The widely distributed
gold mineralization is associated with disseminated and veinlet pyrite within
metasedimentary rocks, and is thought to result from epithermal deposition.
The Company intends follow up work on the immediate strike extension of the
Zhulazhaga gold deposit, consisting of IP surveying and drilling, and over other
anomalous portions of this 70km long east-west zone, upon receipt of final
Chinese government approvals. This project has excellent potential for the
discovery of bulk tonnage low grade epithermal gold deposits.
- 30 -
For further information, please contact: Dr. Ken Z. Cai, President & CEO, or
Christine Reynolds, Investor Relations Telephone: 1-888-288-8288 or (604)
688-8002; Fax: (604) 688-8030; Website: www.minco-mining.com
The Toronto and Vancouver Stock Exchanges have not reviewed and do not accept
responsibility for the accuracy of this news release
<PAGE> 1
[LOGO]
Securities & Exchange Act 1934 registration number 0-22617
TSE & VSE : MMM
NEWS RELEASE
FOR IMMEDIATE RELEASE: JANUARY 14, 1999
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation is pleased to
announce that it has signed a subscription agreement with Arbora Portfolio
Management of Zurich, Switzerland, for a private placement of 250,000 units at a
price of $0.85 per unit. Each unit consists of one common share of the Company
and half (1/2) a share purchase warrant. Each one full share purchase warrant
will entitle the holder to purchase one additional share of the Company at the
price of $0.85 per share for a period of one year from the date of closing of
the Private Placement. Proceeds from the Private Placement will be used for
general corporate purposes.
The Private placement is subject to regulatory approval.
- 30 -
For further information, please contact: Dr. Ken Z. Cai, President & CEO, or
Christine Reynolds, Investor Relations Telephone: 1-888-288-8288 or (604)
688-8002; Fax: (604) 688-8030; Website: www.minco-mining.com
The Toronto and Vancouver Stock Exchanges have not reviewed and do not accept
responsibility for the accuracy of this news release
<PAGE> 1
[LOGO]
Securities & Exchange Act 1934 registration number 0-22617
TSE & VSE : MMM
FOR IMMEDIATE RELEASE: FEBRUARY 3, 1999 NEWS RELEASE
APPOINT OF NEW DIRECTOR AND PRIVATE PLACEMENT
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation is pleased to
announce that Mr. Theodore H. Konyi has been appointed as a director of the
Company. Mr. Konyi has 15 years of experience in finance and investment. Mr.
Konyi is co-founder of Integrated Financial Concepts Inc., a financial planning
company, and served as that Company's president from 1986 to 1990.
The Company has signed a subscription agreement with Butraco Limited for a
private placement of 150,000 units at a price of $1.00 per unit. Each unit
consists of one common share of the Company and one (1) share purchase warrant.
Each one full share purchase warrant will entitle the holder to purchase one
additional share of the Company at the price of $1.20 per share for a period of
one year from the date of closing of the Private Placement. Proceeds from the
Private Placement will be used for general corporate purposes. The Private
placement is subject to regulatory approval.
The Company also is pleased to announce the closing of the Private Placement
previously announced on January 14, 1999 with Arbora Portfolio Management of
Zurich, Switzerland.
- 30 -
For further information, please contact: Dr. Ken Z. Cai, President & CEO, or
Christine Reynolds, Investor Relations Telephone: 1-888-288-8288 or (604)
688-8002; Fax: (604) 688-8030; Website: www.minco-mining.com
The Toronto Stock Exchange has not reviewed and do not accept responsibility for
the accuracy of this news release
<PAGE> 1
[LOGO]
Securities & Exchange Act 1934 registration number 0-22617
TSE : MMM
FOR IMMEDIATE RELEASE: FEBRUARY 4, 1999 NEWS RELEASE
APPOINTMENT OF NEW DIRECTOR AND ANNOUNCEMENT OF
PRIVATE PLACEMENT
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation is pleased to
announce the appointment of Mr. Theodore H. Konyi to the Board of Directors. Mr.
Konyi has 15 years experience in the field of finance and investment, and for
the past five years has served as President of Maxwell Mercantile Inc., a
full-service merchant banking company, specializing in corporate finance,
investor relations and corporate restructuring. During his career, he has also
been associated with and played an integral role in the success of numerous
business ventures ranging from oil and gas exploration/development companies to
technology companies specializing in such diverse fields as construction
management software and customs tariff software. Mr. Konyi will assume a
pro-active role on Minco's Board of Directors as he works closely with the
management team to build Minco into a successful mineral exploration/development
company with a focus in China.
The Company has signed a subscription agreement with Butraco Limited for a
private placement of 150,000 units at a price of $1.00 per unit. Each unit
consists of one (1) common share of the Company and one (1) share purchase
warrant. Each one full share purchase warrant will entitle the holder to
purchase one additional share of the Company at the price of $1.20 per share for
a period of one year from the date of closing of the Private Placement. Proceeds
from the Private Placement will be used for general corporate purposes. The
Private Placement is subject to regulatory approval.
The Company is also pleased to announce the closing of the Private Placement
previously announced on January 14, 1999 with Arbora Portfolio Management of
Zurich, Switzerland.
- 30 -
For further information, please contact: Dr. Ken Z. Cai, President & CEO, or
Christine Reynolds, Investor Relations Telephone: 1-888-288-8288 or (604)
688-8002; Fax: (604) 688-8030; Website: www.minco-mining.com
The Toronto Stock Exchange has not reviewed and does not accept responsibility
for the accuracy of this news release
<PAGE> 1
[LOGO] [LOGO]
SECURITIES & EXCHANGE ACT 1934 REGISTRATION NUMBER 0-22617
TSE : MMM
FOR IMMEDIATE RELEASE: FEBRUARY 8, 1999 NEWS RELEASE
DRILLING INTERSECTS MASSIVE SULPHIDES ON THE WHITE SILVER MOUNTAIN PROJECT
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation and Teck
Corporation are pleased to announce that the underground diamond drilling
program on the White Silver Mountain project is progressing well. All three
holes completed so far have intersected massive sulphide zones with visible base
metals. The preliminary results from the holes are summarized as follows :
<TABLE>
<CAPTION>
HOLE FROM (M) TO (M) WIDTH (M) RESULT
<S> <C> <C> <C> <C>
XT6-01 271.4 272.8 1.4 massive sulphide zone; 75%-80% sulphide
XT6-02 320.7 331.8 11.1 sulphide zone; 10%-70% sulphide
XT6-03 325.9 331.2 5.3 sulphide zone; 10%-30% sulphide
344.3 360.0 15.7 disseminated and massive sulphide zone;
5%-80% sulphide
</TABLE>
The first hole (XT6-01) did not reach its planned target depth due to flattening
of the hole. The two intersections in hole XT6-03 are contained within a 97
metre wide alteration zone. This zone is much wider than one encountered in hole
XT6-02, indicating that the alteration-mineralization zone may be widening at
depth. This concept is further supported by the results of diamond drill hole
B-2, previously drilled by the Chinese joint venture partner, which intersected
17.7m of mineralization, approximately 100m below XT6-03. Results from DDH B-2
were as follows:
<TABLE>
<CAPTION>
WIDTH COPPER LEAD ZINC GOLD SILVER
(M) (%) (%) (%) (GRAMS PER TONNE)
<S> <C> <C> <C> <C> <C>
17.7 2.1 5.4 9.7 4.8 120
</TABLE>
Assay results from the first three drill holes are pending and will be announced
as soon as they are received. The diamond drill program is continuing .
- 30 -
For further information please contact Dr. Ken Z. Cai of Minco at 1-888-288-8288
or (604)688-8002 or Mr. Fred Daley of Teck at (604)687-1117
The Toronto Stock Exchange has not reviewed and does not accept responsibility
for the accuracy of this news release
<PAGE> 2
Attached map depicts the simplified geology of the White Silver Mountain
Project.
[MAP]
<PAGE> 1
[LOGO] [LOGO]
SECURITIES & EXCHANGE ACT 1934 REGISTRATION NUMBER 0-22617
TSE : MMM
FOR IMMEDIATE RELEASE: FEBRUARY 25, 1999 NEWS RELEASE
ENCOURAGING ASSAY RESULTS ON THE WHITE SILVER MOUNTAIN PROJECT
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation and Teck
Corporation are very pleased to report encouraging assay results on the White
Silver Mountain project. Assay results from four diamond drill holes, XT6-01,
XT6-02, XT6-03, and 14-B1, have been received. Hole 14-B1, 100m west of holes
XT6-01, XT6-02, XT6-03, was previously drilled from the surface by the Chinese
joint venture partner and the assay results from the hole were recently
transferred to the joint venture after it was established. The assay results
from the holes are summarized as follows:
<TABLE>
<CAPTION>
HOLE WIDTH COPPER LEAD ZINC GOLD SILVER
(M) (%) (%) (%) (G/T) (G/T)
<S> <C> <C> <C> <C> <C> <C>
XT6-01 1.35 2.02 15.93 29.78 6.00 390.94
XT6-02 2.15 0.54 4.63 6.53 1.63 141.42
MAIN ORE ZONE
-------------
XT6-03 10.1 1.53 9.32 16.34 3.30 222.60
14-B1 4.36 0.78 2.52 4.74 2.35 71.20
9.49 1.68 9.80 13.74 4.17 148.88
1.50 1.14 8.47 10.99 1.20 220.11
</TABLE>
The Main Zone intersected by XT6-03 is the upward extension of the massive
sulphide lens intersected in 13-B2 and 14-B1. XT6-01 and XT6-02 intersected the
down dip extension of the massive sulphide lens (Foot Wall zone) mined on the
6th Level (1547m elevation). Severe flattening caused these holes to intersect
the mineralized horizon above the planned target elevations. The Foot Wall zone
represents an additional ore horizon but the Main zone continues to be the
primary target for drilling.
Drilling of hole XT6-04 has been suspended short of the target due to mechanical
problems. This hole will be completed after more equipment is brought to China
from Canada. Drilling of hole XT6-05 is complete and assays are pending. These
results will be released as soon as they are available.
<PAGE> 2
- 2 -
Drilling at White Silver Mountain project is directed at defining a new ore zone
directly below the currently operating Xiaotieshan base metal mine operated by
the Chinese joint venture partner, Baiyin Non-Ferrous Metals Corp. (BNMC). Minco
is earning 80% of the non-producing areas of the 110 km(2) White Silver Mountain
project by incurring US$4.8 million in exploration expenditures over 6 years.
The location of the new zone directly below an underutilized mining operation
would allow for rapid development to production at a low capital cost and very
robust economics. Teck Corporation can elect to earn 70% of Minco's interest in
White Silver Mountain by funding the project through to production after the
current drill phase.
- 30 -
For further information please contact Dr. Ken Z. Cai of Minco at 1-888-288-8288
or (604)688-8002 or Mr. Fred Daley of Teck at (604) 687-1117
The Toronto Stock Exchange has not reviewed and does not accept responsibility
for the accuracy of this news release
<PAGE> 1
[LOGO] [LOGO]
SECURITIES & EXCHANGE ACT 1934 REGISTRATION NUMBER 0-22617
TSE : MMM
FOR IMMEDIATE RELEASE: MARCH 22, 1999 NEWS RELEASE
FURTHER ENCOURAGING RESULTS FROM THE WHITE SILVER MOUNTAIN PROJECT
VANCOUVER, BRITISH COLUMBIA - Minco Mining & Metals Corporation and Teck
Corporation are very pleased to report further encouraging assay results from
diamond drill hole XT6-05 on the White Silver Mountain Project. The assay
results from this hole are as follows:
<TABLE>
<CAPTION>
Hole From To Interval Cu Pb Zn Au Ag
(m) (m) (m) (%) (%) (%) (g/t) (g/t)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
XT6-05 411.8 441.7 29.9 1.29 3.94 7.65 1.62 78.74
Including
411.8 416.7 4.9 2.77 15.52 25.19 2.74 206.73
422.4 426.9 4.5 3.22 4.74 10.14 2.92 161.6
435.1 441.7 6.6 1.05 2.54 7.73 2.87 73.18
</TABLE>
This hole is located on the 9800 section, 100m east of the 9700 section on which
previously released diamond holes XT6-03 and 13-B2 are located (please see the
longitudinal section attached to the news release of February 25, 1999).
Drilling on the property has been temporarily suspended awaiting the arrival of
additional equipment, which is required for greater drilling depth. Drilling
will resume in late April once the equipment arrives on the property.
The following assay results were released previously and are included here with
downhole depth. These holes were completed as part of the Phase I drilling
program currently underway.
<TABLE>
<CAPTION>
Hole From To Interval Cu Pb Zn Au Ag
(m) (m) (m) (%) (%) (%) (g/t) (g/t)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
XT6-01 271.45 272.80 1.35 2.02 15.93 29.78 6.00 390.94
XT6-02 319.45 321.60 2.15 0.54 4.63 6.53 1.63 141.42
XT6-03 349.90 360.00 10.1 1.53 9.32 16.34 3.30 222.60
</TABLE>
- 30 -
For further information please contact Dr. Ken Z. Cai of Minco at 1-888-288-8288
or (604)688-8002 or Mr. Fred Daley of Teck at (604)687-1117
The Toronto Stock Exchange has not reviewed and does not accept responsibility
for the accuracy of this news release
