International Gold Corp (IGCO) Message Board

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Gold/Mining/Energy : International Gold Corp (IGCO)

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To: Semyon Kuretsky who wrote (289)	11/23/1998 3:31:00 PM
From: Chuck Delo	Read Replies (1) of 405

I was led to believe the company is going to prove reserves for the whole test site they are working on right now. It sounds af if they are going to do enough to make this project so attractive to the majors they will have them drooling to come in. One thing to keep in mind is even if they do sell, there will be a long delay while enviornmental issues are looked at. It is my understanding that the process to get permits to actually mine in that state are very rigid and a pain in the **s to get. But things seem to be going in a great direction. Just need the ore values to keep up. I don't think they will be in a hurry to expand the drilling if this whole area shows consistent ore values. As this area alone would keep a mining company busy for decades. As far as the leaching tests, they said they would be contracting that out shortly and I would expect results in early January. Good luck, Chuck

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