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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Lonnie who wrote (7187)	12/13/1997 12:01:00 AM
From: Brian Hutcheson	Read Replies (1) of 20681

Lonnie , re odd that the grades are exactly 100' apart. Unless there are 3 bands of material exactly 100' apart in 5 ' sections (that would be an unbelievable situation), those sections were obviously selected intentionally from the drill core to obtain a broad cross-section of the orebody . According to information I have received from parties involved in that area who have personal knowledge of FL and Tecopa areas the playas are homogenius (the PGMs are disseminated evenly throughout the playa). Brian PS my understanding is that these numbers are proven , since Ledoux gave permission to release them . Certification would appear to involve double and triple crosschecking the results which is understandable given the almost unbelievable figures .

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