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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE
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To: CLK who wrote (148)7/13/1997 2:35:00 AM
From: rohan   of 298
 
According to the investors information package I received from ITF their estimated cash cost for the gold at Almaden is approximately $215/oz. This pertains to an estimated 1,007,600 oz. , at a grade of .0022 opt. This is of course all estimation, and we should get more conclusive information soon.
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