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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Mellofellow who wrote (5117)7/31/1998 10:12:00 PM
From: Alan Vennix  Read Replies (1) of 11603
 
Responding for Richard, who is apparently busy with matters other than the SI thread<g>,

maxamgold.com

Which reads, in part,

"Hewlett Mineral Management, Maxam Consultants report a "Trial Open-Pit" procedure that translated the previously computed proven and
probable "geologic" ore reserve computations into "Mineable Open-Pit Ore Reserves" totaling 5,694,377 Troy Ounces of Gold Equivalents,
representing an approximate 49% increase to the previous proven and
probable reported reserves."

Hope this helps,

Alan

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