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

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To: Karl Zetmeir who wrote (27249)11/17/1997 5:15:00 PM
From: Claude Cormier  Read Replies (2) of 35569
 
<< In a previous post, you stated you had never seen a project where recovery grades exceeded assay grades ... and were in fact usually slightly less. >>

<<Just curiousity ... but how is that statement reconciled with the following post? ...>>

What I said is true..out of several hundred companies (and operating mines) I have examined..I have never seen a project where recovery grades exceeded assay grades. Recoveries can be as much as 25% lower than assays.

Now, I didn't say that it is impossible and that no mines ever will recover more than assays... I am told the Emperor mine is an exception... quite possible. Maybe there are others. Lets say that 99% of them are recovering less than the average assayed grade.

I stand buy my comment.
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