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Gold/Mining/Energy : ARP - V Argentina Gold

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To: the Chief who wrote (566)	10/23/1998 2:41:00 PM
From: Claude Cormier	Read Replies (2) of 3282

<<Very few companies will announce inferred or indicated without first establishing a "proven">> I have to disagree here, mon ami. Most juniors will first announce a drill indicated resources first ..Geomaque at Vueltas DEl rio, Minefinders at Dolores, Cumberland at Meliadine.....and so on.. Proven comes only at feasibility. On grab samples... All depends...Let say you cut a road some 300 meters long...and sample along the cut at each 3 meters and come out with an average of 2g/t. You get a pretty good clue that there is something continuous there. All is missing is to go down deep with drilling. CC

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