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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Rocket Red who wrote (19376)8/28/2006 11:24:12 PM
From: loantech  Read Replies (1) of 78419
 
Reserva has completed a preliminary block model evaluation of the oxide zinc manto’s diamond
drill, channel sample and percussion drill data. The block model result for the Iron Oxide (Red
Zinc) manto is 22.6 million metric tons grading 8.11% using a cut off grade of 5%, which
equates to 1.8 million tons of contained zinc metal.

That is with a high cutoff grade. They have twice the zinc in reality.Not a pure a spec by anyone's sense of imagination except yours maybe! <G>

2nd calc:
A second block model of the oxide zinc mantos data has been completed by
Reserva International, an independent contractor specializing in resource evaluation. The
results, using a 5% cut off grade (using grades greater than 5%) and with blocks of 5
cubic meter dimensions, estimate 17,926,988 metric tons with a grade of 8.78% zinc for
the Iron Oxide Manto and estimate 5,431,050 metric tons with a grade of 12.08% zinc for
the Smithsonite Manto. In total, 2.23 million metric tons contained zinc metal.

Off to bed. Later.
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