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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kim W. Brasington who wrote (7437)12/17/1997 9:30:00 AM
From: Henry Volquardsen  Read Replies (1) of 20681
 
Kim,

Not to speak for Michael but I think he has been getting at a specific test of the Johnson/Lett methodology, not of Franklin Lakes itself. We know standard fire assay shows low numbers.

What I believe he is suggesting is the following as a test of J/L. Take a sample of the deposit and divide it into two piles. Take one pile an conduct a standard fire assay. Take the other pile and put it through the J/L process. Since but piles would have come from very close proximity and could be deemed identical any significant variance in pgm values would be attributable to the J/L process. This would be a good test of whether it is actually the process which is responsible for releasing the higher values.

I understand that part of Ledoux's contract was to evaluate the Johnson/Lett process. I would guess they came up with some tests to see if it was the process or if it was already in the dirt. I suspect that the company might be reluctant to show these results because the first have of the test would show the low standard fire assay numbers and lead to confusion. But I find Michael's question very interesting and would be interested in hearing at some point what type of testing did in connection with analyzing the J/L process itself and not specifically Franklin Lake.

Henry
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