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Gold/Mining/Energy : BRE-X MINERALS (BXM,BXMNF)

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To: Arthur Tang who wrote (254)4/30/1998 7:26:00 PM
From: Arthur Tang  Read Replies (1) of 287
 
From the news movie on the coring of samples at BRE-X, Busan. It seems they drill on a slope of a hill? It could have been a cheap process, if Dave Walsh used water to wash the hill down in a section and sieve the placers out of the sludge. The sludge could have been contained with plywood side walls dug into the ground focusing towards a trough to a sorting screen.

Most mines of diamonds, emeralds, rubies, and placer gold are mined this way. Slopes of hills would have placer gold spilled out of the volcano. No other forms are discovered in rivers wash down from the earth on the slopes. Melting point of elements determine the sequence of emittance from volcanos. First low temperature metals then high temperature oxides.

This faint ray of hope is based on the fact that Barrick Gold had two cores of some gold, out of 150 cores. Did they reveal it is also placer gold?
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