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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: CJG who wrote (2245)11/12/1999 9:31:00 AM
From: Jesse  Read Replies (1) of 2514
 
Thanx CJG. The geochem confirms it! This is one honkin' area. From today's NR:

These results substantiate that the mineralized volcaniclastic rock unit, which occurs at about the 800m elevation, is the source of gold and hydrothermal pathfinder anomalies within the drainage system and therefore reduces the requirement to continue intense exploration outside of the broad fault zone where current exploration is being conducted on the Marum / International Tower Hill joint venture property.

[Remember from an earlier MMU NR]:

The current operation will focus on an 18-Km section of a large fault system that is now tentatively defined as being approximately 48 Km long and up to 6 Km wide along certain sections.
--

Today's discussion,

The Chinchaga metals program has evolved rapidly and positively since the first discovery of metallic mineralization during a February 1999 drill program. That discovery suggested the probable existence of mineralizing faults. These were quickly identified upon completion of a satellite image structural analysis program. Field investigation of the faults resulted in the immediate identification of mineralized outcrops that were found to be enriched in gold. Corroborative work, including regional stream geochemistry, has confirmed the location of the mineralization in two dimensions, along the faults and at a specific stratigraphic layer. The geographic and volumetric extent of the mineralized target layer is immense and will be tested by two drill site areas located 8Km apart. [on the northern 18 Km section of an extensive fault-related mineralized zone which has so far yielded anomalous gold and metal values in a layered, hydrothermally altered, volcaniclastic rock unit.]

____
-We oughta be seeing still more lab results too.

Best,
-j
:>
Marum website: marumresources.com
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