Dr. Bob: I really liked your post. You have raised issues for discussion that are intelligent and thought provoking. I was surprised that a few of the posters here for some reason appear to have taken them in a negative light.
Because the answers for your questions are contained in the Public Relations packages sent out to anyone interested in Brush Creek Mining, I am assuming your post is an attempt to open up some intelligent discussion on this thread. Therefore I hope you accept my response to your post in the spirit it is being given. I would merely like to share the results of my own personal due diligence with you. I look forward to your response and welcome an opportunty for an intelligent discussion of facts based on research and due diligence rather than speculation etc.
PART ONE:
<<<<<<<<<<<<<Question: What is the relationship of BCMD's properties and these two faults? Do the properties completely emcompass the fault, or are there sections of the properties that lie outside the fault?>>>>>>>>>>>>>>
It is my understanding that the properties staddle the fault both to the east and west side for over a 5 mile stretch. Which gives over 11 miles of property open at strike and depth. The notes I have made and the research I have done indicates that the Ruby and Carson mines are to the west of the Melones fault. I'm not sure if they are considered on the western Melones fault or if they are considered as merely being in the district. The Kate Hardy Mine, the Upper and Lower Brush Creek Mines and the Finian Prospect are the mines that go north and south directly along the Melones fault.
The Strandberg Report does in fact give a detailed breakdown of the 3,345,577 ozs of Estimated Inferred Resources. In addition to the 217,021 placer Inferred Resource at Garners Point/Pioneer Mine the report covered the hard rock mines you mention:
<<<<<
1. Upper and Lower Brush Creek
2. Kate Hardy
3. Ruby-Cincinnati
4. Carson >>>>>>>>>
The Lower Brush Creek Mine has 787,692 oz; the Upper Brush Creek Mine has 475,839 oz; the Kate Hardy Mine has 454,125 oz; the Ruby Mine has 703,375 oz; the Cincinnati Mine has 413,750 oz; and the Carson Mine has 293,7775 oz. (It should also be noted that the Ruby mine is both a Placer and Hard Rock mine.) It was also pointed out in the engineer's report that this information is based on the "projection of known ore shoots and does not include the two virgin ore blocks with visible gold that the Company announced December 20, 1997. All properties remain open on strike as well. Three lode properties and four placer properties have potential for resources and have yet to be explored."
In addition, the nature of these meso-thermal deposits is that they go to extreme depths. Strandberg's report goes to a 7500 depth on the known ore shoots. The Keewatin report indicates a 6-8 million oz possible resource in the "Property package" going to a depth of 3500 feet. I would also like to point out that the Empire mine went to a depth of 11,000 feet. So we now have two respected Engineer's who have done separate reports and which in fact back up each other. They both are based on "reasonable geo-scientific data". They both indicate that BCMD may have what could be termed a world class gold deposit. (ie. by difinition, 1 million ounces and up)
Since the company has put out press releases stating they have discovered two new ore blocks many of us shareholders feel it is reasonable to expect them to report the actual results of these two new finds in the very near future. We are also expecting an update of the findings in Pillar #4. All three of these ore blocks are in the Lower Brush Creek Mine, where BCMD has already discovered more than one pocket of high grade ore that is "running over 500 oz per ton".
.....to be continued
Darlene |
