Maxam Gold Corp. OBB:MXAM Message Board

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

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To: GuitarMan who wrote (8748)	7/8/1999 9:06:00 PM
From: geoffreycs	Read Replies (3) of 11603

CCRE Pisgah - Pictures show normal looking slightly weathered unaltered basaltic cinders. I know of no geologic process which would cause this type of very common rock to be mineralized. They mention that the rock is precious metal bearing but give no assay results. Process they propose sounds hellishly expensive. Why they don't use conventional processing is not explained. Also there is no real information concerning the metallurgy. Owl Canyon - Good grades reported in 5 samples. Is this all they collected? Were they collected from 2 cm veinlets or across a mining width? Is there any continuity to the mineralization? I would be carefull with this one.

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