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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: citydi who wrote (12737)5/11/1998 12:03:00 PM
From: mark silvers  Read Replies (5) of 20681
 
To All,

Here is a question to ponder, responses from anyone(positive or wrong,I mean negative:-) ) are welcome.

I happen to have a copy of the Clyde Davis report from 1995 at home.
Contained in that report are Certified COC assays from Ledoux, COC work done by Kleinfelder. The results from the holes are very similar to the results from hole #5, with the exception that there are many more metals(plat, palladium, silver, osmium, Rhodium, etc.)

The question is two fold.
1. Should these numbers count as legitimate COC, certified numbers?
Why or why not? Why have they been discounted to this point?If yes, could they be counted towards a resource statement, if the other holes drilled are close enough, etc.?

2. If they cant be counted towards a resource statement, should they be viewed as a potential indicator for future tests results?

Any and all responses are welcome, please have reasons with which to back up any opinion.

Mark
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