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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: J.L. who wrote (26688)11/16/1997 12:49:00 PM
From: Ron Struthers  Read Replies (3) of 35569
 
Jeff and all, The most important thing to realize about this news release is the
reported grades are just from two areas. You cannot assume the whole 1st km
has these grades. These samples are not from the same area as the samples
reported at the AGM. Bateman basically randomly selected two areas to take
samples.

I expect these samples are from an area of lower grades. The ones at the
AGM are probably from an area of higher grades. We need to see many more
samples before we can start averaging and coming to any assumptions. I
expect after we see more samples we will end up with an average gold grade
between 0.10 and 0.15 opt gold via fire assay.

This is like any mining project. You can drill two holes 20 feet apart and
they likely will have much different results. The gold and PT is distributed
pretty uniform at BRX in general, but it does vary from one place two
another. If you look at the old results from the 0.046 avg using the chloride
leach, you can take 30 foot samples from the various holes and have quite a
range of grades

I expect the PT assays will come back around the same as the gold or
higher in the 1st grid based on all the previous PT sampling I am aware of.

I will be happy to answer any ligitmate questions here to the best of my
knowledge. I will likely compile all these Q&As and send them out on my email
list as well

Do not bother to email me. The shorts are not happy with me and are
flaming my email box so I am just having my ISP delete all my incoming email.
I can still send things out and I have other internet accounts I can use. I
expect I will be flamed here as well but will not waste my time with it

Thanks for your words of encouragement Ron
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