Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) Message Board

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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)

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To: Laser who wrote (2446)	1/26/1999 3:32:00 PM
From: Tim Hall	Read Replies (3) of 5143

Laser, I notice several peculiarities with this NR. There is no mention of chain of custody. They don't say that the samples were fire assayed. Since this is a very traditional deposit, it could be fire assayed. They then mention that J/L was not present during the assay and that makes me wonder if the lab was using a J/L assay. They also say that J/L is developing a recovery process but if this is a conventional deposit, a conventional process should work. I am also struggling with the actual drill results. From the geological inferences in the past this is a vein deposit. It would therefore be just as important to note the true width of the vein in the assay results. I find it hard to believe that they drilled a 1000' hole and hit the vein throughout the whole length and that the grade was so consistent. That is unless they were lucky enough to keep the hole in the vein for the full 1000'. If the vein is only six inches wide, then with a 4' mining width, the mining grade will only be .063. Just another typical DD news release that results in more questions than answers. VBG Tim

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