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Gold/Mining/Energy : Steppe Gold (SPE:V)

SPE 15.24

+0.3%

Nov 7 4:00 PM EST

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To: John Menzies who wrote (636)	2/18/1998 12:18:00 AM
From: Robert Dydo	Read Replies (1) of 1248

Yes it does. What I meant in my shortcut thinking was that Mizek operation was to treat oxide part of the deposit while K&A being sulphide formations were to be targets without oxidized cap present or rather removed by previous mining. The proccess of the treatment of K&A therefore would be different and those deposits would not be forming reserves for Mizek heap leach operation also due to rich contents of base metals(and different proccessing)while Mizek is concentrating on gold. Therefore I used word not applicable in relation between those formations. Does this make any sense? I was concerned about relatively small size of oxide operation and in my posts I was thinking of similar geological target to oxide end of Mizek deposit which could provide ore material for processing without great costs. I don't know if I have this right and if you could tell me does the Akbastau North fill the description. Thanks Robert

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