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Strategies & Market Trends : Ride the Tiger with CD

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To: russet who wrote (59640)	9/16/2006 11:50:01 AM
From: teevee	Read Replies (1) of 312581

Lots of ways to interpret sparse data. russet, Have you looked at the aerial picture and cross sections posted on ARU's website? The mineralization is capped by porous clastics (sandstone aquifer?) in a 'pull apart' basin over laying andesites, located in a valley bottom, in the tropics (high rainfall), with a river running through it. Comments from a mining engineer would be appreciated, but from my layman's perspective, there are going to be serious water issues with mining this deposit that will require costly engineering solutions. I would wait for some kind of scoping study from a mining engineering consulting company. This is no Arequipa, located on a mountain side where relief and gravity facilitates drainage and haulage issues etc. Mineralization only makes ore if it can be extracted profitably and there is enough of it to to repay capital. It will take a lot of pumping (pumping water) to turn this mineralization into a mine;-)

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