International Precious Metals (IPMCF) Message Board

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

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To: GOLDIGER who wrote (27674)	11/19/1997 5:12:00 PM
From: Richard Mazzarella	Read Replies (3) of 35569

Can anyone confirm that this from Le is factual? <<* A fire assay procedure developed by AuRIC was also announced to the meeting for Black Rock material. The assay grades AuRIC were suggesting were attractive (being about 0.10 oz/t gold) and we welcomed this breakthrough. Unfortnuately during the following 2 months we and other independent labs were unable to duplicate the assay methodology, thus it failed to live up to the 'due diligence' by IPM. The procedure was therefore abondoned and the purchase agreement with AuRIC cancelled. >> If true, shouldn't the market have been told?

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