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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Michael Brody who wrote (335)4/11/1997 4:17:00 PM
From: Ron Everest   of 588
 
Michael: There is the dyke 230 meters below the surface and angling downwards at 55 degrees, it is very large and open in a couple of directions.. This is hopefully fractured and contains minerals of value, hopefully gold.

What would account for such high grades in the pits averaging 9.2 grams per ton? 230 meters is a long way down. If the dyke is not commercial, then what opinions are there as to how the gold got to the surface area? Not being in geology or remotely conntected to geology I remain curious. Could it be that the first 230 meters is also very rich down to the dyke? That would make the dyke rich also. I would appreciate opinions.

Yes Michael, this would appear to be very prospective.

Regards,
Ron E
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