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Gold/Mining/Energy : Pacific Rim Mining V.PFG
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To: Mark K. who wrote (10961)12/18/1998 10:34:00 PM
From: Bill Jackson  Read Replies (1) of 14627
 
Mark, It is interesting and hints at better deeper,
but as they stand they are just good potential holes.

HOLE FROM TO INTERVAL GOLD SILVER COPPER LEAD ZINC
g/ton g/ton % % %
C1 132.25-138.9 6.65M 0.04 12.9 0.30 0.73 3.72

C2 173.6-184.4 10.8M 0.07 10.1 0.14 1.95 4.13
221.1-228.7 7.65M 0.12 11.9 0.51 1.45 1.72
C3 50-56 6.0M 0.16 6.3 0.31 0.52 1.30
132.6-136.6 4.0M 0.23 5.4 0.54 0.21 1.07
C4 No significant intercepts
C5 31.4-33.9 2.5M 0.12 4.7 2.11 0.02 0.60
Average 0.12 7 0.86% 0.81% 2.09%
17 lb/T 16 Lb/T 42 Lb/T
$10/GM $.18/gm $.8/0lb $.50/lb $.50/lb
$ per ton $1.20 $1.26 $13.60 $8 $21.

So the total value is about $45 per ton, which is interesting and
if there is a huge amount it can be an elephant. They need more
holes and they need to explore the deeper potential of it.
I think they need to get some more holes in there and i look
for a drilling program to do this just to make a better bait
for a major. Right now the bait is interesting, but lean,
and another $500,000 spent might just improve the offers
enormously. I suspect their thoughts converge with mine
and this will be done after these holes assessed. The
deeper double areas may be the attenuanted fringe
of an elephant deposit. Get an elephant, eat well forever.

Bill
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