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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: mikesloan who wrote (17863)4/26/1997 6:30:00 AM
From: Bob   of 28369
 
I think Freeports use of a hammer mill explains a lot.

The hammer mill became a real problem for a lot of Australian mining companies drillling in Indonesia. This was especially true for ones drilling for unevenly distibuted coarse type gold. Companies that were positive that they had gold in their cores were sending of their samples ,after using a hammer mill, and getting results of no gold in the assays. One company even salted their core on purpose before crushing it a sending it off after being in disbelief that the earlier samples were "invalid". These also came back with nothing.

Eventually the problem was traced to the gold getting caught up in the workings of the hammer mill. I may have a few small inaccuracies in the way this story unfolded but I do know that this whole theory is a valid one. Maybe otheres can enlighten us more on the more exact details of the hammer mill theory. (R.M.C. ? ).

The point is that by using a hammer mill and then possibly (likley) using the wrong size micron sreen in prep, the chance of Freeport finding gold in the end result is about 0%.

BOB
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