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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Tim Hall who wrote (24794)11/7/1997 3:27:00 PM
From: Matt C. Austin  Read Replies (2) of 35569
 
Apparently the report you have is not the Dec 15,1995 report. In 1994 there was a report about separation by mechanical methods. That data is less than useless as the gravimetric methods never did work out. That report had some samples that B D purposely salted, the report is about the DCRS system and it didn't work.

Here's BD's comments in Dec. 1995:
-----------------------------------------------------

"Behre Dolbear has been engaged in an ongoing
program to aid IPM in a precious metals evaluation of
the BRX project. On site observation of the drilling
program, including the collection, handling, and
security of the samples was completed. Additionally,
Behre Dolbear observed and monitored IPM's sample
preparation laboratory to verify that sample
preparation and treatment procedures consistently
followed previously established accepted methodology.
All of the above was subject to close scrutiny and given
Behre Dolbears's approval.

It is evident that IPM is executing a well-planned
program. Behre Dolbear notes no shortcomings in
equipment, operating procedures, or security measures
in either phase of their program. Both the sample
preparation and laboratory personnel are well trained
and supervised.

The analytical results of approximately 103 samples
submitted to two independent and industry-recognized
laboratories were made available to Behre Dolbear.
On the basis of the currently available analyses, it is
concluded that the IPM-developed leaching procedure is extracting measurable amounts of gold from BRX
material. This has been verified by correlation of the analytical results from the two independent laboratories.

Behre Dolbear noted with interest that other precious metals values, including PGE's were reported by the
laboratories. Behre Dolbear, however, has not evaluated the significance of these other precious metal values
and recommends further study on the part of International Precious Metals Corporation."

- Behre Dolbear & Co. ,Inc.
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