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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: rdww who wrote (89)10/7/1997 11:46:00 AM
From: mineman   of 285
 
From Madison's map I counted 34 Diamond Drill holes that crosscut the Western Roscalite Zone at about evenly spaced intervals along the zone's 600 meter length by 150 meter width. The north-south striking Western Roscalite Zone is the only large zone found to date. Any minerlization in drill holes has been discontinuous, not extending from hole to hole. The mudstone country rock on the west and east sides of the 150 meter wide zone is unmineralized, and any mineralization intersected in the drill holes only extends from about 50 to 120 meters depth (70 meters thickness) according to their cross sections.

So where is the space for a large size Porgera type deposit? Even if they do hit some narrow high-grade intervals in the next holes, there does not appear to be any room for an economic deposit between the currently drilled holes. In these 34 holes narrow discontinuous gold intervals were intersected, however they could not be continued from hole to hole, which means a large mineralized body does not appear to occur in the Western Roscalite Zone.

If Madison had drilled 5, or even 10 holes, there would still be room between the holes for a deposit of size to occur. But with the current 34 evenly spaced holes, there just does not appear to be room for a Porgera size, or even much smaller size, deposit. Too bad!

This is my interpretation. Anyone care to comment?

mineman
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