Pacific Rim Mining V.PFG Message Board

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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Bruce Robbins who wrote (12457)	1/17/2000 8:43:00 AM
From: Quickdraw	Read Replies (1) of 14627

Thanks for the information Bruce. I suppose the most important part of the news release is Shrakes comment regarding the "solid evidence for a significant vertical component to the Luicho system". Canaccord Morning Coffee put this out on Friday PACIFIC RIM MINING ("PFG-T;PRMNF-L") - has collected a further 1,060 surface samples on its Luicho project in southern Peru, bringing the number of samples collected to date by the Company to 3,771. This on-going sampling program continues to expand and fill-in the Luicho gold anomaly. The average grade of all 3,771 samples collected to date is 1.65 g/t gold. Most of these samples were collected from the 'structural corridor'; a 250 meter wide zone in which a series of north-south and northeast-trending strike slip faults have intensely brecciated the host rock over a strike length of three contiguous zones currently extending 1.85 kms. The host rocks that are exposed within the Luicho Fault Zone north of the corridor are mineralized over a minimum width of 50 meters. Most importantly, these results provide insight into the depth potential for the Luicho target, as the mineralization outlined by these samples occurs 150 meters down into the sandstone section. This provides solid evidence for a significant vertical component to the Luicho system. And their Daily Letter (on Friday) said: SPECULATIVE BUY Pacific Rim Mining (PFG : TSE : $2.62 : Issued 21.6M) Currie: Additional surface sampling at Luicho continues to confirm multi-million ounce potential and provides further evidence of the potential for a substantial vertical component to this (as-yet) un-drilled gold target Remains a focus speculative buy for high risk, high-reward, speculative accounts. Qd

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