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Gold/Mining/Energy : CLAIMSTAKER RESOURCES, (VSE:CLN)

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To: Silviu Moldovan who wrote (43)	1/19/1997 11:12:00 PM
From: Chuca Marsh	of 199

Silviu , Bob and all. The grade of .o57 OPT is like .02 Gram per Ton. That is definately heap leachable. The Majic Number is .02 GPO and is by the way a relatively new thing at this level. See the quote I posted by newsletter writter Grandish on IPMCF and the talk on the credentials of him and others wiyhin the last 24 hours on ,I think, MXAM thread or maybe the KILO thread or the GPGI thread. This is the level of leach at the "treasure of the Sieere Madre " at Prior Res . Thread target! ITG also is at this level. The problem here is that low standard 3-5 percent net smelter or lessor royalty is not used- 25% is too much-BUT it won't be IF the AREA IS VERRIFIED as bigger. Think about it. Assay engineering firms are so conservative at estimating the reserves that the process is time and DRILL all-consuming. I do not have time to plug in the figures, but what do you get with 5 fold site increase size?PS- Grandish in that post said that low grade Heap Leaching WAS developed and USED in Nevada for years now. They have property there. There are bromine leaches and others now,. this month, being used to TRIPLE /Quad the LEACH recovery -put some of that in the figures. But due to the $18.00 figure above - it scares me . But maybe that writter did not KNOW that NEVADA was heap leaching at .02 GRAMS per Oz for years?? 1 troy OZ is a factor of .28 to get grams. So .057 times .28= 1.60 Grams per ton. OOOOOOPPS !! THAT IS A PROBLEM!! Oh well-I tried - I am NOT going to erase the first part. IT IS BORDERLINE FOLKS. WAIT for a dip down. No need to chase a 50% rise plus tommorrow! But I forgot about the .04 OPT of SILVER that will probably add some - but how much - not more than 10% ,right???

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