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Gold/Mining/Energy : Rock Resources
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To: 24karat who wrote (1266)9/10/1999 9:33:00 AM
From: CIMA  Read Replies (1) of 1996
 
To: +Claude Cormier (18700 )
From: +Mike Gold Friday, Sep 10 1999 7:50AM ET
Reply # of 18805

"I hope you realize that you need 5 billions tons of .6g/t gold to have 100M ounces gold."

From Doppler's Report:

"5) Potential for Multi-Billion Ton Porphyry Deposit at Depth - an added bonus for CDCH is that Medinah Mining's Lipangue breccia is trending towards Cerro's property and that a new breccia zone appears to be present on CDCH's property. The alteration patterns found and confirmed at Lipangue are also apparent on Cerro Dorado's property. Geologists theorize that the parent intrusive to the CDCH and MDHM breccia pipes that run SW to NE across the Lipangue plateau (towards and onto Cerro Dorado's ground) may underlie the entire mountain at depth - leading to the possibility of a very large bulk tonnage gold-copper porphyry deposit."

So Claude-perhaps I'm not the foaming out the mouth-hypish individual you have me pegged for after all? :) Apparantly geologists have theorized the same thing that I have. A multi-billion ton gold/copper porphyry would indeed contain on the order of 100 million ounces of gold. If there is such a thing-certainly they are looking in the right place for it!

"What is the largest porphyry in Chile ?"

The porphyry located under Alto De Lipangue-of course! The other leading candidate is the porphyry system owned/optioned by Rock Resources located to the NE of Lipangue.

Cerro Dorado thread located here:

Subject 24425


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