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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: the Chief who wrote (11473)7/29/1998 1:51:00 PM
From: SteveWW  Read Replies (2) of 34075
 
Chief

The most of the gold seems to be found in the Cangalli Formation which is made of of conglomerates (Sedimentary Rock). This is different than the soft overburden. The cangalli formation seems to consist of rocks varing in size from boulder to very fine silts which is a good indication of some very high energy events. The Canaglli formation is around 500 - 1500 meters in depth. Then the Cangalli formation is sitting on slates (Metamorphic rock) which is a great contact to distinguish the two formations.

SWW
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