Manhattan Minerals (MAN.T) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Manhattan Minerals (MAN.T)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Bartlett who wrote (3816)	12/15/1999 7:23:00 PM
From: john.d	Read Replies (1) of 4504

TAMBO GRANDE PROJECT UPDATE - TG-3 RESOURCE MODEL I could not copy the table included in the announcement, which can be viewed at: manhattan-min.com Manhattan Minerals Corp. is pleased to announce the results of resource modeling on the TG-3 copper/zinc/gold/silver deposit at its Tambo Grande Project, located in the Piura region of northern Peru. Resource models for the TG-1 gold and TG-1 sulphide deposits were described in a news release of November 15, 1999. Combining TG-1 and TG-3, the massive sulphide resource total on the Project to date exceeds 170 million tonnes of copper/zinc/gold/silver mineralization. In addition, the TG-1 gold deposit hosts more than 1.3 million ounces of gold and 12 million ounces of silver. Manhattan presently has five drills working on the property, exploring the TG-1 gold deposit to the north and other anomalies, as well as completing infill drilling on the gold and sulphides for reserve definition. TG-3 is a thick (up to 300m) sequence of massive sulphides divided into two deposits, the zinc-rich North Deposit and the copper-rich South Deposit. The size of the deposits and the higher grade zoning allow various mining alternatives to be evaluated, ranging from a high tonnage low cost open pit operation to a more selective high grade operation. TG-3 remains open and exploration will focus in the current phase of drilling on the expansion of the high-grade zones. The resource models for the TG-3 deposit were developed for Manhattan by MRDI Canada, a division of AGRA Simons Limited, based on a diamond drilling program completed between May and September 1999. The results of this drilling have been reported in earlier releases. Manhattan intends to complete a pre-feasibility study on TG-1 and TG-3 by the middle of 2000, followed by a feasibility study and production decision in early 2001. TG3 - Phase 1 Drill Location Plan For further information please contact: Graham G. Clow President & C.E.O. Michael Mallard Shareholder Communication Tel: (604) 669-3397

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next