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Gold/Mining/Energy : Montello Resources
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To: Famularo who wrote (1681)2/26/1998 10:22:00 AM
From: Jesse  Read Replies (1) of 4256
 
From the ACA newsR: "As announced on February 9 1998, the program of scout drilling is continuing, with at least another 13 magnetic anomalies scheduled to be tested this winter."

IMO, this is the big step MEO skipped, to my knowledge, and this has been a costly calculation.

Scout drilling (eg., auger) could easily have been done first, starting last November. I think the Montello crew is learning the targets aren't leaping out up the drills. The chosen route is costing upwards of 10 times what it would have to first auger & find if the targets were too deep, the type of material present (such as black 'beach' sand), etc.

My opinion.

-j
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