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

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To: Claude Cormier who wrote (26725)11/16/1997 3:49:00 PM
From: Ron Struthers  Read Replies (3) of 35569
 
<<This basin is a placer deposit and the consensus has always been that it was
homogeneous. Despite the past consensus...I think it is now obvious that several
hundreds drill holes will be needed to evaluate the average gold grade.>>

Claude an excellent point. the recent 30 plus holes to depth is leaning to what you say about more holes needed. I don't think it would be as many as necessary for a typical hard rock mine but may be more than was previuosly thought.

Bateman will determine how many will be required. Will be interesting to see where it leads. The stuff is cheap to drill and the importance of a cheap fire assay will come more to light here.

Ron
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