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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: W.F. Schwertley who wrote (9833)3/12/1998 4:47:00 PM
From: Tom Frederick   of 20681
 
Mr. Schwertley. OK, lets put it this way...How hard would you work at figuring out a way to minimize costs to mine a $2 to $3 TRILLION dollar asset from the ground? I don't know about you, but I would work my bleeding hands off figuring it out.

Again, these tests are using the worst method possible to prove the ore content. It was done to prove to the world that the most standard testing of all, standard lead fire assay, proves gold and proves it in commercially viable amounts. AND this is gold only.

The Johnson prep is most mechanical and does not to my knowledge use expensive chemicals to any degree. Again, Kim could best answer this question.

Not to be redundant, but I feel confident that testing will continue to improve results and recovery will show the true content.

Regards,

Tom F.
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