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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Elizabeth Andrews who wrote (3283)7/26/1999 10:52:00 PM
From: TrueScouse  Read Replies (2) of 4504
 
Liz:

<<I don't think the assays to date are likely to be economic>>

I think you're underestimating what has been found on TG-3 so far. If you calculate the "Cu equivalent" values of the metals in the 12 holes to date, you get some interesting figures.

For example, for the results at the south end of the anomaly (Holes 1, 4, 7, 9), I estimate average intercepts of about 40 metres of 2.8 percent Cu equivalent. Hole 7, for example, has an intercept of 42.5 metres of 4.5 percent Cu equivalent. 40 metres is the height of a 12 storey building!

At the north end (Holes 3, 6, 10, 12), I came up with an average of about 70 metres of 2.4 percent Cu equivalent. Hole 10 has 41 metres of 4.5 percent Cu equivalent and a couple of the holes have around 100 metres of about 2 percent -- i.e. over 300 feet.

Maybe I'm misinterpreting the data, but it looks pretty good to me for starters <g>.

Howy
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