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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.5000.0%Nov 4 4:00 PM EST

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To: John Trudeau who wrote (2175)10/26/2003 9:45:15 PM
From: E. Charters  Read Replies (2) of 2255
 
From what I have seen so far I would consider putting 15 drills on it and doing 500 foot centres to start.

32 million ounces is geofantasy and many things could get in the way of that. Geochemical, etc...

BUT...

There drilling has NO blanks in it for about 1.5 kliks so far. That should give on PAUSE. Is it a unique zone? If so what is different about it from the other IP anomalies? Is their Pt fractionation in some of the sulphides and not others? Maybe. from what I have seen there can be a number of things going on in gabbro zones. You can have sulphides and no PT. But in this area, so far that is not the case in general. At least we know there is a big Pt-sulphide zone of a certain character that is breccia associated and very wide. In the main drilled area, it is remarkably consistent.

What we don't know is does it step out in width and grade with great continuity and does it get better to depth..?

Once we know that to the positive the calculator needs a few more zeros to the left. Maybe a lot more. Right now there is a definite glimmer of hope in chip sampling that there are either more zones on strike or the thing is perhaps one huge zone.

Finally, does it make sense to mine it all at 1.5 to 2 grams. The numbers may very well be there. It surpasses the Dunka (sp?) road thing that McGoran/Fleck had in the states. Dunka was 800 million tons, but it was grade hungry.

EC<:-}
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