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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: rdww who wrote (2867)7/6/1999 11:30:00 AM
From: Elizabeth Andrews  Read Replies (2) of 4504
 
And probably tomorrow as well. The NSR of the first hole is about $22 per ton using 80% recovery for the base metals and silver with gold at 95%. Even using the most efficient underground bulk mining methods I think it's unlikely that these grades are economic. More holes to come with some impressive widths. We'll see.
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