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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA
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To: George S. Montgomery who wrote (2336)1/5/2000 7:18:00 PM
From: russet   of 2514
 
Hi George,

Still waiting for the NR on the chemical analysis of all those samples. Company is just doing some basic prospecting now, as they don't know much about what caused the anomalous metal concentrations in Chinchaga. I imagine what data they have, is being overlaid on the satellite images and maps to try and figure out where the hotspots are. If a clear gradient of higher and higher concentrations of metals emerges towards some physical structure outlined by the satellite pictures, they may catch the attention of a major, or attract enough interest from investors to do another PP for drilling the structures. No sense wasting money drilling until they know the most likely places to drill into.

It's a big area that has had little geological work done on it from what I read on the website. That means lots of grunt work before any patterns will emerge. If they get lucky, they might outline a structure right away. If not, we will go through the financing problem again.

On the other hand,...Twin peaks is said to be preparing to take minibulk samples from their recently discovered diamond dykes in Quebec. They are also running geophysical surveys over their properties right now. If they discover more dykes,...or the circular anomalies they see from geophysical surveys are found to be pipes, MMU could fly right through the ceiling on the proximity play.

Take a chance, let's chit our pants (gggggggggggg)!
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