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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%Nov 7 9:30 AM EST
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To: Bruce Laur who wrote (84)5/4/1997 9:22:00 AM
From: Gary Duffy   of 300
 
Bruce:
Excerpt from Nesbitt's gold report on ECO:
"Kingking(75%) is becoming an increasingly important project for Echo Bay, especially with the recent increase in copper price. The resource is approximately 63% copper as measured by revenue. Both tonnages and grade are expected to increase with the release of an updated resource estimate, due out shortly.The Benguet scoping study indicated a resource of 25 million tonnes grading .58gpt gold (3.8mill oz) and .47% copper(2.1blbs.)"
Hope this helps you.
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