International Precious Metals (IPMCF) Message Board

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

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To: Lew Green who wrote (26210)	11/14/1997 6:52:00 PM
From: Bob Markley	Read Replies (4) of 35569

Lew, Let's see how the press preceives the FACT that Gold & Silver exist at Black Rock. The numbers that I had mentioned for Cerro Casale (Bema) are from memory only, about .O38 material, proven 22 million oz Au which is at 14,000 ft. They have to blast, crush and even build a pipeline to bring the concentrate to seashore for processing. As Karl mentioned it is; " one of the most inhospitable places in the world. Further, because their ore is NOT complex ... their assays are probably fairly equivalent to their recovery results. " The key with IPM is huge potential tonnage deposit can NOW be delineated with drilling/trenching AND the fire assay. Further the RECOVERY grades could be much higher and easier to obtain. Monday morning, ... let's see what the newspapers bring on Saturday, IMO, after the 'public' reacts in the 1st hour, ... the Institutions will determine the fate of IPM. Regards, Bob

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