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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy3/30/2006 11:31:06 AM
   of 1182
 
"8.92 to 17.84 million oz of gold"?

from stockhouse
>>>>>>>>>>>>>>>>
Please pay attention to this paragraph:
The "Golden Champune" prospect is located on a hill of the same name, 3.5 km northeast of San Juan Gold Mine. It displays stockwork mineralization with vein quartz. Pyrite and chalcopyrite are the primary sulfides, plus hydrothermal muscovite in some locations. Host rocks are a tonalitic intrusive with andesite dikes. Gold grades from this prospect run from 1.5 to 3.0 g/t gold, and a historical estimate by San Juan Gold Mines S.A.A. put the potential tonnage of the deposit at 185 million tonnes indicating the potential for a major heap leachable deposit. This historical estimate is not compliant with NI 43-101 standards of disclosure

185 milion tonnes @ 1.5-3.0 g/t equals 8.92 to 17.84 million OZs of gold.

Too much to be true?

Any comments?
>>>>>>>>>>>>>>>>
stockhouse.ca;

AZK / MNG /
CMM.V / IPT.V / MUG.V
PRZFF.PK ( PRZ.V ) / BDRGF.PK ( BGL.V )
RDFVF.PK ( RDV.TO ) / NSM.V
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