Happy Holidays Chucka,
The reason I am staying in the closet is to keep from trading out of BMD.V, which in my mind
has more potential than any other "refactory" ore deposit. Additionally they have superior
management, directors and advisors. What you will find out if you do your homework is for you
to do your homework and find out. I have been accumulating this and and expect 99 to .........
What makes this company unique is its codevelopment
agreement with Syncrude Canada Ltd., a consortium of
companies including Shell and Broken Hill Proprietary
Company Ltd. (BHP). Syncrude is extracting crude oil from
Canada's tar sands which is allowing Birch to produce gold as
a byproduct of its oil mining process.
multexnet.com
birchmountain.com
On April 3, 1997, based on
information provided by
Syncrude Canada Ltd., Birch
Mountain announced significant
gold and platinum grades in
altered shaley limestone on its
Athabasca Property. Three
different conventional fire assays
of a 1.60 meter interval of
altered limestone from
Syncrude's drill core
11-7-AE-9610 gave values of
2.21 to 4.94 grams/tonne
platinum and 0.19 to 0.21
grams/tonne gold.
Prairie Gold
Diamonds
Swift River
Dawson Bay
Indonesia
Following closely on these encouraging results, a
Co-development agreement was signed with Syncrude Canada
Ltd. to facilitate the exchange of geological and technical
information including drill core and logs, electric drill hole logs,
seismic information, airborne magnetic surveys, regional
geological compilations, and geochemical analysis and assays.
By examining over 275 electric logs and sampling over 150 drill
cores from Syncrude Canada's Aurora Mine development,
Birch Mountain's geologists have greatly advanced our
Athabasca Prairie Gold project, placing sediment-hosted
platinum-gold anomaly in a solid geological context.
Our geologists have identified anomalous precious metal
enrichment, alteration and structures essential to the Prairie
Gold model. We now consider that the gold and platinum
observed in Athabasca is representative of a low temperature
end-member of sediment-hosted precious metal deposit such as
Carlin gold mine in Nevada.
Birch Mountain's Athabasca Prairie Gold project has been
further advanced by our recently signed cooperation
agreements with Shell Canada, BHP Diamonds and Suncor
Energy Inc. These agreements are similar to our agreement with
Syncrude Canada Ltd., which has been of tremendous benefit
for both parties; we look forward to similar exciting
developments from these new agreements.
Also interesting is that they refer to the Prairie Gold Model as "such as the Carlin gold mine in
Nevada."
jec
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