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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.00010000.0%Dec 12 9:30 AM EST

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To: Mike Gold who wrote (7974)12/20/1998 6:41:00 PM
From: Mike Gold  Read Replies (2) of 25548
 
Lipangue's Potential:

Consider, G. House/Geodatos IP survey showed an area of about 200 x 400 meters horizontal dimensions and unlimited to depth. If I make an reasonable assumption that the hydrothermal breccia pipe continues at depth to at least 600 meters(I believe that underestimates the depth)-that gives you at least 50,000,000 cubic meters of potential minerlized material from just the breccia pipe itself! The minerlization surrounding the intrusive body at depth has yet to be discovered. Recall the pipe is where the hydrothermal fluids escaped from after they were generated directly above the intusive volcanic body as it came towards the surface. Minerlization typically surrounds the intusive body-House has found only one side of it so to speak-the top!

Now, lets consider the 37 meter drill core that has previously been drilled down the center of the pipe. IP results shows minerlization increases dramatically at between 50 and 100 meters so THE 37 METER CORE NEVER REACHED THE ZONE OF REALLY HIGH MINERLIZATION. Nevertheless, I have heard some discussions about this core sample.(Note: House discusses it in one of his reports.) I am still tracking down the assay report for this core. Hopefully I will know more shortly. The rumored values of gold for this core are Unbelievable-ie will make the Argentina Gold core seem like a dry hole! If there is continuity of minerlization over the entire area of high anolomolies-I estimate a deposit of 100 million ounces + of extremely high grade ore. (Includes gold only from the pipe!) Yep, those are the numbers folks. If you don't believe them-thats fine! I don't gave a rip! The only money I'm investing is my own! I believe my own numbers. I'm an engineer by profession and studied a year of geology in College-it does not make me an expert but I have always been good with crunching numbers....
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