Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

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Dec 26 9:30 AM EST

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To: Mike Gold who wrote (5959)	9/5/1998 6:54:00 AM
From: E. Charters	Read Replies (1) of 25548

Mantos are restricted to the breccia zones created by the intrusive and are small and shallow usually. They can however repeat in clusters. They form pipe like deposits that lend themselves to open pit mining. If you have 10 one million ton mantos at .15 gold you would have a fair mine. Bear in mind that the largest gold mine in South America is the Yanacocha in Peru. It is a cluster of 9 mantos and it has a reserve of 9 million ounces. That means that it is possible to find large orebodies but so far they have not found many. Gitennes has a highly mineable open pit heap leach situation of perhaps 2 million ounces or more and their stock is 47 cents. Go figure what an orebody is worth. One rule in geology is never make a rule until the orebody is drilled off. It is better to be famous in hindsight than infamous in foresight. mailto:echarter@vianet.on.ca

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