Madison Enterprise, MNP/VSE Message Board

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Gold/Mining/Energy : Madison Enterprise, MNP/VSE

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To: Feline who wrote (136)	12/25/1997 12:16:00 PM
From: Mark K.	Read Replies (1) of 285

Feline , This morning I reread the May 97 issue of HRA in which 2 detailed pages of information are provided regarding MNP . This may catch your attention : " a reinterpretation and follow up of past geophysical data suggests that the overall volume of near surface gabbro intrusive at Mt. Kare is as large as that at Progera. " " The quite spectacular result from hole m-5 ( i.e. 2,141 g/ton gold over 15 feet intersection ) in conjuction with earlier surface samples results in the same range , indicate that high grade zones which could be processed early in a mining schedule and thus reduce capital payback time , are part of the Mt. Kare package ." Apart from this information and more cited in more recent issues of HRA , MNP has greatly extended its western roscolite zone and from what I can assimilate , in some other directions too . The net result is that MNP's potential RC has grown . In May of 97 MNP was trading at a " priced resource calculation " of 3 million ounces of gold. As I indicated before , an informed thread reader has told me this has grown considerably . best regards, Mark K

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