Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: KipferlMeister who wrote (1391)	3/25/1998 10:19:00 AM
From: Michel Grenier	of 34075

Hi, Michael. A single hole cannot provide any estimate of proven reserves. A hole gives you depth distribution at a given point in the surface. What you need then is a number of holes to give you a picture of the mineralization characteristic in a volume. The minimum distance needed between holes depends on the homogeneity of that volume. for gold deposits, homogeneity is generally low, hence more holes needed for a given area. Since I am no geologist however, I cannot give you numbers. Michel

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