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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kim W. Brasington who wrote (19727)9/3/1999 2:06:00 PM
From: Tom Frederick  Read Replies (2) of 20681
 
Kim, Thank you very much for the update. We know from this information that Naxos is not taking their eye off the ball on bringing the Lithium, Boron, etc. to a firm conclusion. With permits in process and a drill plan in place, the rest is up to the winds of fate. Let's hope the drill permits move through without hang ups and that the drill equipment is available.

To that end, can you tell us anything about drilling for brine? For example, is the equipment fairly standard and easily found or is brine extraction very unique and therefor, the equipment hard to locate?

Also, once the hole is drilled, how long will it take to test the brine to determine if Lithium, Boron or any other element exists in concentrations sufficient to justify recovery? Are the testing procedures for brine fairly standardized and repeatable by the nature of brine testing or do we still have some "chemical challenges" as we have had with the clays?

Thanks in advance.

Tom F.
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