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

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To: Chuca Marsh who wrote (5645)9/14/1998 9:44:00 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Chuca, Maxam could sure do a better job explaining what they are reporting, talk about no hype. What I read into this PR is the actual metal recovery off resins (absorbers) in the first set of numbers and actual metal recovery off carbon (absorbers), the second numbers. I think that the scanning microprobe works on physical metal recovered. I'm very happy with those numbers at this time, especially in light of the projected cost just for the Au and Ag. Anyone have comments?

PS, did you notice: <<Maxam Gold Corporation has filed a 10-hole drilling program with the Bureau of Land Management to determine correlation between assays of the Drill Hole cuttings and the Electromagnetic survey results.>>
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