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

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To: Joe Hartenbower who wrote (28995)12/5/1997 5:40:00 PM
From: Furry Otter  Read Replies (2) of 35569
 
Check out IPM's web page---there is now a Summary of Assay and Recovery Milestones at Black Rock. Very interesting

Note the chloride leach results they report for gold and platinum, which they say were reported at the AGM--they say they were .031 and .028, respectively...I do not recall this. Their PR from the AGM recounts sample 2 as being .318 and .284...is this a typo in the Summary?

Overall, it appears that they have been able to physically recover much better grades than the fire assays they are now using...it also appears that the "wet chem" assays have provided much higher grades than fire assays. Are the fire assays underreporting the gold, so that a "fire assay factor" should be used that correlates to how much gold is really there?

Regards, Otter
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