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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: William Puget who wrote (309)12/5/1999 3:06:00 PM
From: Claude Cormier   of 366
 
<<But there must be a grade that they are using to come up with the 1.9 mm ounces and 100+mm ounces of silver referred to in the LTU news release.>>

Yep... 0.75 g/t gold and 43 g/t gold or 1.46 g/t gold equivalent.

These grades are much higher with higher cutoff. That is why there is probably an economic mineable reserve. The coming drill program will help define the best cutoff and pit size.

<<How is the access to the property? Do they have to put much infrastructure in place? >>

I would have to verify this... but I think it is not perfect. That is why MFL'Dolores has high capital costs.

FOr sure, anything LTU can find will help.

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