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Gold/Mining/Energy : GITENNES Exploration (ase:GIT)

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To: E. Charters who wrote (924)12/14/1997 7:57:00 PM
From: charred  Read Replies (1) of 1092
 
I am not questioning the source of the minerals. It is were you find it in the system. Again, the git ore is found in the cretaceous quartzites. Piernia and Yanacocha are hosted in the Tertiary volcanics.

The heat source for git are tertiary intrusives same as Piernia and Yanacocha. The difference is were you located in the system. The GIT is probably located lower in the porphyry system and the others are high level epithermal systems. The age difference is huge. I just don't like it when companies say they have a porphyry system and an epithermal system so close. What next? Diamonds.

The best part of the property is the Rio Suro Zone. I agree it can be mined by open pit methods. However after 6 million dollars invested why no resource. The drilling on the Rio Suro zone makes no sense. Why the 30 meter step outs? Infill drilling is done after you define the resource. Here there is no resource todavia.
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