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Gold/Mining/Energy : GITENNES Exploration (ase:GIT)
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To: E. Charters who wrote (943)4/26/1998 2:36:00 PM
From: charred  Read Replies (1) of 1092
 
Mr Charters: I just received information from the company. Take a look at the news release dated March 6 of this year. They include an underground level plan. It seems to me that Rio Suro Zone is a large low grade breccia with high grade pods.

The level plan shows that the underground workings intersect low grade material averaging 0.4 to 0.5 grams gold along a east west drift. Then they crosscut to the north and intersect the high grade zones intersected in hole 97- 10. Hole 97-9 drilled to the north of the underground workings and hole 97-10 returned 153 meters of 0.463 grams of Au. This shows the east west drift cuts off the high grade mineralization to the south and hole 97-9 cuts off the the high grade mineralization to the north. I can see that this property will be difficult to drill. This is a good time to get an underground drill to delineated the high grade pods.
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