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Gold/Mining/Energy : ECHARTERS
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To: Larry Brubaker who wrote (942)11/1/1997 11:18:00 PM
From: E. Charters  Read Replies (4) of 3744
 
"But Kilborn came under fire in the report by Strathcona Mineral Services Ltd. for not spotting smoking guns in reports by Normet Pty of Australia and PetraScience Consultants of Vancouver. "The fact that they didn't draw more conclusions or have their suspicions aroused by the Normet report is the more troubling aspect of their involvement there," said geologist Donald Bubar, president of Avalon Ventures Ltd. "

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An engineer or an engineering firm cannot put out a report on assays and certify them or draw and conclusions for a trading company without ascertaining that the assays are reputable and valid. It has no bearing on the "contract" that they sign with a company. Fine print in a report cannot protect them. The investor by association will tend trust that a firm of reputation would not just repeat the allegations of another.

This principle was used to remove the engineering license of a geologist in British Columbia who I know who had made a report based upon assays furnished to him by a company. The decision by the engineers society stated that failure to check the assays by taking his own samples and controlling the assaying process was negligent. It is part of the education and training of all technicians and professional engineers that sample reliability be checked for a variety of reasons.

I myself have participated in checking programs on previous work that ran to millions of dollars. It been a routine part of the business since I have been in short pants. In the past couple of years there have been a number of lawsuits about MISREPRESENTATION of assays in the sale of properties.

echarter@vianet.on.ca
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