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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG
SMXMF 0.00010000.0%Sep 10 5:00 PM EST
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To: Travbfree who wrote (380)7/3/1999 12:12:00 AM
From: Travbfree  Read Replies (1) of 539
 
I bought a book some time ago called "Gold Mining in the 1980's" by Dave McCracken. After the first drill results came out I pulled it off the shelf again. In it he talks about searching for ore bodies and gold lodes (very basic), so I thought I'd 'freshen up'. In the book he describes how gold is commonly found using a 'float'.

This is how it tends to work: When a lode is near surface, the mountain erodes and the gold erodes with it. As the gold is eroded it spreads out creating a broad path which a prospector will use in order to locate it's source.

In Samex's case the property is different, we are dealing with a strato-volcano, the gold would be under the ground untouched by erosion... not however untouched by "sluice box erosion" (my wording) on a hugh scale (my thinking) that works the heavy metal down further on the property... possibly still in an underground fan formation which they would closer find as they get lower on the property.

Of course this is speculation... you make of it what you want...

I have heard some very interesting rumours about a couple companies whom I will be calling monday to verify with...if they are valid it my require some new threads.
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