International Gold Corp (IGCO) Message Board

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Gold/Mining/Energy : International Gold Corp (IGCO)

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To: robert burr who wrote (127)	8/22/1998 3:10:00 PM
From: Semyon Kuretsky	Read Replies (1) of 405

Bob Welcome to the board and thanks for your insight ! Yes, IGCO has all these challenges... But let me disagree with one of your statements referring to commercial viability of gold... This is a quote from the company news release: . <<NEWPORT BEACH, Calif., June 19 /PRNewswire/ -- Subsequent to the completion of additional claims staking, Intergold Corporation (OTC Bulletin Board: IGCO - news; www.intergoldcorp.com; the Company) will begin detailed drilling of its Blackhawk property, now that independent engineers have confirmed the presence of commercially viable gold mineralization on its Blackhawk Property in the State of Idaho. The drilling and assay program will begin the process of proving and detailing of mineralized reserves.>> Bateman Engineering showed an average extraction of 0.03 oz of gold per ton which is matching the Carlin Trend extraction rate.. IGCO management thinks that they will be able to get better results. This challenge is also part of this program.. The cost of exraction could be around of $150/oz (this was not publshed yet) Please read carefully what they say on their home page and in all news releases. Regards, Sam

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