SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Brody who wrote (183)5/6/1997 3:21:00 PM
From: Phil Didaskalou   of 308
 
Michael,

I spoke to Steven Dawson this afternoon. He said they have not yet decided which firm will be conducting the independant audit, and that they have not yet set a date for the work to begin.

As per your question regarding conducting metallurgical test on their ore, he said that it is "too early at this stage, as we are still exploring the property...". However, he told me that Mineros Nacionales (of which GRM owns approx. 48%) has been mining and testing the underground mine at Marmato, which is beneath the region that GRM is exploring. He said they are currently able to recover: 95% of the gold and 50% of the silver in their testing, and that GRM believes they will get about the same recovery rates.

That's all for now.

Regards,

Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News