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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Chuca Marsh who wrote (29658)1/7/1998 3:07:00 PM
From: O. H. Rundell  Read Replies (2) of 35569
 
Do you understand?

As always, Chucaubud, I think I understand most of what you wrote. <VBG>

I didn't mean to imply that Bateman or Lyco is no longer involved with IPM; although, repeated reassurances would be OK, too. The issues that I was most interested in were those of fire assaying of the original drill samples and chain of custody. My understanding was that now that we have a viable fire assay, we would be applying that technique to the original drill samples and perhaps to some additional drilling as required by our consultant(s). The latest PR doesn't seem to indicate that we are moving in that direction.

In retrospect, COC cannot be guaranteed on the original drill samples, since they've been sitting in IPM's warehouse for something on the order of two years; so I guess that's a non-issue. Still, it seems to me that some COC samples will have to be analyzed to enable Bateman (or whomever) to sign-off on the resource estimate.
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