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Gold/Mining/Energy : Delgratia Mining (DELGF)
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To: Randy Giese who wrote (190)4/14/1997 5:02:00 PM
From: Ron Struthers   of 532
 
<<It would be nice if you could make up your mind as to whether or not the Nevada
property is or isn't a "desert dirt" property.

Rumours are floating (no doubt the shorts, right?) around that analysts who visited
Delgratia are not impressed with the property. Maybe you should address some real
issues in your next update like:

1) Why the heck are the holes so far apart?
2) Are there questions about what rights they actually have to the property?>>

Randy, I have categorized any mining play in the desert, southern Nevada, parts of California and Arizona as desert dirts. This is by geographic location, not by the type of deposit. DELGF falls into these boundaries

Mother nature makes no two deposits identical and to try and lump these together by types or how complex the ore is next to imposible and would just cause confusion and controversy on what is what or easier or better.

Many of these companies are on the dawn of new technologies to recover PMs from different or complex ores. There is no experts, everyone is on a learning curve, some just farther along than others.

The drill holes being spaced far apart is not uncommon for early exploration. Delgratia is trying to determine how big this is. The next line of holes will form a rectangle and this will be a starting point to define the deposit. From here holes would be drilled in between to more closly define grades etc. and would likely see more step out holes. This depends a lot on what the next holes find.

My last update included news released from DELGF that explains the ownership in detail. Hope this helps

Ron
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