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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: Little Joe who wrote (3987)1/27/2000 9:32:00 AM
From: Bruce Robbins  Read Replies (1) of 4504
 
LJ,

The geological jargon shows that MAN knows pretty much what is going on at Tambo Grande. The important things to note in the abstract are:

-The gold deposit clearly extends beyond the limits of the underlying sulfides and remains open in two directions.

-In aggregate the TG-3 sulphide lenses comprise one of the largest VMS deposits in the world.

-Significant potential exists for the expansion of most identified resources and probability for new discoveries on Manhattan land remains high.

IMO this means the TG-1 sulfide resource is contained and being defined in detail (not much to expand on there), the TG-1 gold resource is not contained and will expand, the TG-3 sulfide resource is not contained and will expand, and finally, the other gravity anomalies are probably associated with sulfide lenses. It also means that we are looking at one of the largest undeveloped VMS deposits in the world. I think everyone is waiting for an announcement that the town is moving before they start the party <g>.

Bruce
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