Intrepid Minerals Resources (IAU a) Message Board

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Gold/Mining/Energy : Intrepid Minerals Resources (IAU a)

IAU 83.59

+2.3%

Dec 22 4:00 PM EST

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To: steadyasyougo who wrote (69)	3/28/2000 11:46:00 AM
From: Claude Cormier	Read Replies (1) of 96

Hello Greg, Well my estimate is this the ridge (Cerro Colorado III) itself could have between 10-20 millions ounces of silver. IF (always a big IF until the drill holes prove it) this zone is continuous and reaches the San Casimiro mine, then we could be talking somethin similar to BAY or in the order of 100-200 millions ounces silver with some zinc. Open pits can go as deep as 300-400 meters. But the average is probably between 100-200 meters. The density here would likely be closer to 2.5-3.0. No doubt the zinc is a bonus and may help. But it is too early to tell now.

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