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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Ron S. who wrote (1912)8/10/1998 2:47:00 PM
From: Valuepro  Read Replies (1) of 7235
 
Ron and Vaughn,

The term is surficial enrichment. To my knowledge, a "rule of thumb" between overburden yields and ore yields does not exist. The overall yields on M-1 may not be too much higher than already anticipated over the length of the pipe. As Vaughn has suggested, however, we may look to down slope gravels for possible enhancements to the overall project.

Now, if these deposits are economic on Marsfontein lands, who gets them? Where does the M-1 joint venture end, and where does SUF's larger interests begin? I suppose some of this may even extend on to 100% owned KLP lands.

ValuePro
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