Manhattan Minerals (MAN.T) Message Board

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

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To: Elizabeth Andrews who wrote (3283)	7/26/1999 11:59:00 PM
From: Bruce Robbins	Read Replies (1) of 4504

>>I don't think the assays to date are likely to be economic<< Can you please tell me how you come to this conclusion? >>With this many holes and the amount of assay in the bag it's going to take more than a few high grade hits to change the average value of TG-3<< The amount of information we presently have on TG-3 is equivalent to the amount of information you would have if you drilled 12 syringes through my house and tried to tell everyone what was exactly in the house. Drill holes are less than 0.15 meters in diameter on a target that is 600 meters long and 400 meters wide. That means one hole represents a maximum of 0.03% of the target area, and 12 holes represents 0.36% of the target area. When you get to 100 drill holes you've covered 3% of the target area. And if you mine the orebody out, you finally get to cover 100% of the target. Patience Elizabeth. No one has enough information to know whether TG-3 is economic yet. I think MAN has done a great job on their exploration program so far. With three drills turning, we will soon find out if TG-3 is economic or not.

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