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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Paunch who wrote (8576)6/6/1999 9:57:00 PM
From: Richard Mazzarella  Read Replies (3) of 11603
 
Paunch, you may have had it right the first time, per ton. The gold appears to be in the fines. The lower values of gold on these recent assays shows the loss from the fines blown away during the Becker drilling. Concentration consists of simply washing the ore over a sieve, a very low cost process. We know from past work that Maxam can cheaply concentrate the ore an easy 4/1 by screening with water, then drying and milling. If Global can call their concentrate screened head ore maybe Maxam should also? The OPT numbers will then be very large.
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