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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: philv who wrote (551)11/18/1997 3:24:00 AM
From: Robert Dydo  Read Replies (1) of 909
 
I guess I got ahead of myself with my previous post.
Phil, the release from Nov-7/97 says they were abandoned. It does not have any relation to gold presence. It means that core was not recovered due to poor ground. My previous post explains what does it mean. The heavy oxidized means that mineral would be heavily altered by chemical reaction with oxygen changing its composition. The conditon would be associated with weathering where rock is exposed for long periods of time to forces of nature. In gold exploration these deposits are very easy to extract since as I understand it does break the ore containing gold down and this way it makes gold somewhat exposed.
Hematite is an iron oxide which is a common ore of iron.
Gold is often associated with Pyrite which is iron sulphide. Pyrite would be at lower depths and sulphide deposits are often underground operations(the famous hole 13 was drilled in sulphide zone of Tres Amigos)after oxide zones are extract. Following the thought with idea of having a system resource, it would be very good to see hematite, pyrite and sometimes silica(silicon oxide=quartz)which all of them may contain gold.
The heavliy hematized would be containing vast amount of hematite.
I hope this helps, maybe there is someone competent which could add or correct this since I am not geologist.
Regards
Robert
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