ORXX - Orex Gold Mines Corporation Message Board

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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

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To: Ga Bard who wrote (263)	8/7/1999 12:23:00 AM
From: Tim Hall	Read Replies (3) of 2392

GB, Let me attempt to point out a few things. Anyone can stake claims on BLM or Forest Service Land. That doesn't mean they are worth anything. They have to be drilled and assayed. Is there any drill information available for any of the Santa Maria Claims soon to be held or now held by ORXX? Most gold mines utilizing leach technology drill holes on at least 100 foot centers. No lending institution will lend money unless reserves are proven through extensive drilling. Pure silica has several applications. One application in the Southwest is for flux in copper smelters. The silica is added to copper sulfate which is smelted. The sulfur is driven off in the smelting process and the silica forms a protective covering over the copper to keep it away from oxygen so that copper oxide is not formed. Most copper smelters are always looking for sources of pure silica. In the past small miners who had gold and silver in quartz would sell their ore to smelters. They received payment for the silica and also for the gold and the silver that were present, less some charges for contaniments, etc. Other uses for silica in the southwest are very limited. I doubt that any smelter is willing to pay any more than $25 to $30 per ton fob their smelter for silica. Silica is one of the most abundant mineral in the earth' crust. It is very popular to criticize cyanide. However, cyanide is biodegradable and as long as it is used under proper guidelines it is no big deal. I believe that plastic manufactures use about ten times more cyanide than gold miners. I don't hear anybody talking about cyanide use in the plastic indusrty. If you really want to get people excited, talk about uranium mining. In public perception this is much worse than cyanide. This also might be one reason for the stock drop. As soon as investors saw that ORXX was getting into the Uranium mining business they ........ How many junior companies do you see promoting uranium mining. Tim

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