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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (2292)	7/28/1998 3:02:00 PM
From: Jesse	of 4256

Interesting-- New website? See the "Phases of Exploration" page for a brief explanation and description of the complicated and lengthy process involved in diamond exploration: kennecottexploration.com Introduction to Exploration Phase 1: Potential Assessment This process takes many weeks and costs thousands of dollars Phase 2: Target Identification Takes months and costs tens of thousands of dollars Rejection rate 90% Success rate 10% Phase 3: Target Testing Takes many months costing hundreds of thousands of dollars Rejection rate 90% Success Rate 10% Phase 4: Evaluation Process may take several years costing millions of dollars Reject rate 90% Success rate 10% Phase 5: Mine Development and Production Process may take several years costing hundreds of millions of dollars ________ Go to the above link for details. Cheers, -j :>

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