International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Rock Doctor who wrote (21947)	10/8/1997 10:43:00 PM
From: Claude Cormier	of 35569

<< So in IPM's case, in order to prove up reserves, they certainly need to sample the complete area and depth of their deposit; but they don't need to ASSAY all these samples to prove that they have PMs in each of them - instead, they can apply their RECOVERY PROCESS to these samples. >> Rock, of course you are right...but what Thall is saying is that going via the recovery process is much more expensive than using a fire assay. Not only that, it takes a lot longer to do... Could it be by a factor of 10X ? Given the property size and the number of wholes that will need to be drill, I am sure IPM would rather do it with a fire assay... it could be an impossible task to apply the leaching process to 10,000-20,000++ ? samples per squared kilometers... CC

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