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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Claude Cormier who wrote (13094)5/15/2000 1:49:00 PM
From: Quickdraw  Read Replies (1) of 14627
 
Claude,

PFG have been trying to reduce risk over these months. They have done this by taking surface/tunnel samples in the corridor which have an average grade of 2.28g/t , cliff samples that show depth (up to 176m) and tunnel samples that show higher grade (over 6 g/t avg up to 30m deep)

When drilling starts it is time to prove up the potential many in the market believe Luicho has.

I believe the first drill results in the central area will have to prove the depth potential of at least 176 meters, but as you say, more than likely 200m plus. If assays in this central region complement what is being found on surface and in tunnels to 30m down, with an expected reduction in grade thereafter, we will see some immediate upward movement. I would suggest PFG, within the first 10 or so holes drilled will attempt a test hole outside of the corridor to test for blue-sky potential, and of course holes in the other two known zones to get an idea of size. As drilling expands further along the corridor and if grade continues to agree for the most part with surface sampling, it'll move much higher.

Just my thoughts,

Qd
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