MIRAMAR MINING (MNG) Message Board

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Gold/Mining/Energy : MIRAMAR MINING (MNG)

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To: aknahow who wrote (420)	10/21/2002 8:44:59 AM
From: John Dally	Read Replies (1) of 457

Hi George, When I read the report, I compared CBD with MAE. These numbers will change when the results of this summer's drilling are included, but it was still interesting to see how Hope Bay and Meadowbank compare as of the beginning of this year: Measured and Indicated CBD: 7.36 million tonnes @ 6.12 g/t = 1.45 m oz. MAE: 3.36 million tonnes @ 15.4 g/t = 1.66 m oz. Inferred CBD: 10.94 million tonnes @ 4.4 g/t = 1.56 m oz. MAE: 6.71 million tonnes @ 12.3 g/t = 2.65 m oz. MAE has the higher grade and about double the market cap of CBD. (MAE also has the Yellowknife operation and CBD has 22% of Meliadine West.) Best regards, John.

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