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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Leigh McBain who wrote (762)7/14/1998 4:56:00 PM
From: bill  Read Replies (1) of 2514
 
Hi Leigh,
No, I certainly wouldn't write off the report. The
kind of report I do write off is the one from AHB
from their drilling in the NWT where they drilled
an aeormagnetic target and hit magnet sands. That's
a bummer. That's when you hit a dry hole.

The garnets in this report were good. Not many of
them, unfortunately but the chemistry is right.
The rest of the chemistry also looks good. If no
one had found pipes in Alberta, then I'd be inclined
to say so what but with ACA's success proving that
pipes are there, the indicator minerals have more
meaning.

The lack of overburden reported is also good.That
proves MMU was correct in their staking of the
property. It's overburden that's been killing
efforts by NCS and MEO.

Anybody who is new to the diamond play needs to keep
in mind that for quite awhile after Fipke had found
good pipes on the DMM property, ABZ who was right
next door couldn't find anything. There's a steep
learning curve.
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