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Gold/Mining/Energy : Winspear Resources

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To: Rick the Vet who wrote (11302)1/8/1999 12:23:00 PM
From: teevee  Read Replies (1) of 26850
 
Hi Rick,
Those numbers are just for a portion of the western quadrant of the cone sheet. Project those numbers for the south, east and north quadrants (there are drill holes intersecting the cone sheet in the south and east quadrants)and the numbers are easily anywhere from 80-120 million tonnes. When the drill proven tonnage is increased(the regulators must be very anal retentive these days-the drill centres must be very close to spend the budget and only prove up another 10 million tonnes given the continuity established to date and the highly predictive aspect of a cone sheet. Snap Lake is not an anastomizing, pinch and swell, lensoid style narrow dyke which is typical for South Africa), IMO, we will then see pre-feasibilty numbers for mining rates up to 5000 tonnes per day. I think I am just early on this play, however, I am willing to be patient.
teevee
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