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Gold/Mining/Energy : NDT VENTURES

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To: Elizabeth Andrews who wrote (933)	1/4/2001 11:03:20 PM
From: charred	Read Replies (1) of 992

"Does the structure have the potential to hold 50 million tonnes?", don't know yet. But to the southeast samples returned 1.75 grams Au. What about 30 million tonnes at 1.2 grams Au. "Mining rate 20,000 tonnes per day? Costs less than US$6 per tonne? Average grade 1.2 g/tn? 80% recovery? Overall stripping ratio 3:1? Average thickness 30 meters? Strike length?", this what the scoping study will tell us. About risk. I prefer the treasury to be spent on drilling than on management salaries and the Vancouver office. It takes a lot to find good quality projects. This one shows promise. For myself I see no risk. I know when to bail. Cheers

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