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Gold/Mining/Energy : Zenda Capital Corp.
TRR 17.550.0%Jul 5 5:00 PM EST
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From: E. Charters5/18/2005 9:42:54 PM
  Read Replies (1) of 217
 

Hole   #  From    To   Interval Cu%    Au 
           m       m      m            g/t 

MM-04-01  67.9  100.3   32.40   0.11   ns
   incl.  80.3   82.9    2.60   0.41   ns

MM-04-02  42.45  47.3    4.85   3.39  0.33
   incl.  42.6   47.3    4.70   3.19  0.51
   incl.  44.0   45.3    1.30   8.48  0.34
   incl.  44.0   44.6    0.60  12.32  0.29
   incl.  44.0   44.35   0.35  15.53  0.39

MM-04-03 140.90  142.3   1.40   0.70   ns

MM-04-03 199.0   203.75  4.75   0.16   ns

MM-04-03 229.5   232.0   2.50   0.58   ns

MM-04-04 110.5   121.5  11.00   0.88   ns
   incl. 117.0   121.5   4.50   1.35   ns
         131.5   148.5  17.00   0.09   ns

MM-04-05  20.25   26.25  6.00   0.68   ns
    incl. 24.25   26.25  2.00   1.58  0.11
          21.25   23.25  2.00   0.28  1.54

ns - no significant values



That is a gross average of 0.58% copper over 27 feet.

Of course you cannot mine it at that grade, but the
3% stuff over 4.8 metres looks more interesting.

Even at 3.4% and assuming it held 16 feet in width,
I doubt you could mine it without oodles of tons. This mine was operated in the late 60's when copper was a much higher price relatively than it is today. During the fifties and sixties the only metals to mine were copper and uranium, as gold was far too expensive to mine unless you already had a mine in place.

EC<:-}
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