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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: james flannigan who wrote (4625)	1/11/2006 10:08:42 AM
From: james flannigan	Read Replies (1) of 78417

loantech to clarify.Newmont before the pull out drilled off the Mian Discovery zone with over 100 holes that data suggested a 1 million ounce resource, then they pulled out.After that Midway Gold found the Dauntless Zone beside the Main Discovery zone.The company thinks this is the feeder for the whole Midway Property if so it would contain well north of two million ounces at the Midway property.Then last year,again after Newmont left the JV,MDW found the Spring Valley gold 3.5 to 5 million ounces.While we will not get 3.5 to 5 million ounces in the Spring Valley calculation ( more like 1.5 to 2 million) the deposit is open in all directions on both Spring Valley and The Midway Main discovery zone. Spring Valley 5 million + 2+ at Main Discovery is 7 million using my calculator.Its in the bag .. James

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