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

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To: loantech who wrote (23586)	10/26/2006 6:08:28 PM
From: TrueScouse	Read Replies (1) of 78416

Tom: For those that know little about Roxy, the following extract from the recent technical report on the moly project (on SEDAR) might raise a few eyebrows.... <<Roxmark is the major land holder in the Geraldton-Beardmore mining camp, an east-west trending greenstone belt 175 kilometres (110 miles) north-east of Thunder Bay, Ontario. During the period 1934-1970, 13 mines were in production. Ten of the mines processed 17.1 million tons of gold ore in the Geraldton camp, with an average recovered grade of 0.17 oz.Au/ton. Almost three million ounces of gold were recovered. Three of the mines processed 1.9 million tons of gold ore in the Beardmore camp, with an average recovered grade of 0.71 oz.Au/ton with over one million ounces of gold recovered. Roxmark’s current holdings include six former producing mines aggregating 20.4% of the total tonnage milled and 46.1% of the gold recovered i.e. 3.98 million tons milled with an average recovered grade of 0.46oz.Au/ton for a total of 1,890,045 ounces.>> This is not 1 gpt Au stuff -- more like 15 gpt! Also, for those who've never been to northern Ontario... <<Average seasonal temperatures vary from -37º to 35º C.>> i.e., The temperature goes up to 95F in the summer and down to -35F in winter! This is why Canadians are quite good at hockey. <g> Let's hope that RMKL gets its TSX listing soon. Best regards, Howy

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