Int'l Pursuit (T.IPJ) Message Board

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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Abner Hosmer who wrote (542)	2/10/1998 9:48:00 PM
From: Ron Everest	Read Replies (3) of 835

Just received latest edition of "Mining Share Focus" by James Blanchard lll. A very good write-up on IPJ. Interesting that they talk about two of the porphyries, "Manto and Tibilhi".....then an interesting piece of news that confirms what you just posted... In all, airborne geophysical surveys have so far identified six copper porphyries in a 12 km wide area, ringing a large, buried central intrusive - the E Mahakam Cluster you refer to. A little further down: "And yet, the good news continues: In addition to this cluster of six porphyries, Pursuit's ground crews have recently identified three additional clusters of porphyries along the 110 km length of the Mahakam CoWs. Each of these clusters shows copper mineralization similar to the original Manto prospect." "Clusters" to me means more than one porphyry to each of the three newly identified areas. WOW. Earlier in the article they stated that the Manto prospect was 1.5 km x 500 meters including not only .7% CU but also zones of molybdenum grading up to .4% and gold grading up to 1 gm/t. As big as it is, it could still grow considerably; the south and east sides of the prospect have yet to be explored. How big could it be just on what is now known? If your project just the current area of the anomaly to a conservative depth of 300 meters at .7%CU it would equate to 6 billion pounds of CU. This play is getting better. To All, thanks for the kind posts, very helpful. Best regards, Ron E

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