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Gold/Mining/Energy : Ontex Resources (ONT Alberta)

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To: Gemini who wrote (328)6/30/1999 11:04:00 AM
From: mark warburton  Read Replies (1) of 519
 
A couple I guess.
1) That the deposit on Brooknak has been extended on strike and remains open. The release did not state how much of a step out those holes were but at least the mineralization is still there. Down the road the grand idea would be for the deposits to all link together leaving you with a 5 kilometre strike length. That has not changed with this release and remains intact as a possibility.
2) The cherbourg vein released some very nice numbers some half ounce and three quarter ounce per ton. This deposit will surely expand with future drilling. All in all not a real bad release as all holes announced struck something.
Remember that the thicker the vein the granded the deposit but that the entire size of the strike is large in length. The thicker the vein over the entire strike the more economical it is to mine.
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