SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Coz who wrote (9447)2/25/1999 7:51:00 AM
From: Mike Gold  Read Replies (1) of 25548
 
So MDIN has found 70 meters of minerlization so far. What does that mean? Perhaps a comparison is in order. Argentina Gold has drilled dozens of holes in their targets-many of them have been dudes. MDIN has hit paydirt right off the bat.......hmmmmmmm.

What was the best that ARP managed to come up with?

Their very best hole which I believe was the best hole ever drilled in the country of Argentina had the following results:

Minerlized interval 169.9 meters
Gold content 12.5 g/ton

Minerlized interval 59 meters
Gold content 30 g/ton

I don't believe their deposit contains any other metal of significance except the usual silver associated with the gold.
The angle of the drill hole was around 50 degrees-on a hill side-not an exactly fair comparison as it is likely that the core went sideways through the layer of minerlization instead of straight through it.

MDIN has already drilled a hole that I believe will have a higher value than the very best hole at ARP. Furthermore, MDIN's hole was drilled on the eastern flank of the porphyry. The hotter, thicker, center of the porphyry, which MDIN has begun to drill will contain even higher concentrations of metals and a much longer interval of minerlization-possibly 300 to 500 meters or even more.(Basing this on the IP survey and the porphyry model.)

Folks, it just a matter of time before all the gold bugs realize that MDIN now has the hottest gold property in South America. Give the slow pokes a few weeks to catch on-it will happen.

One other comment. Some of you have drawn a conclusion that since MDIN did not mention that there was visible gold in the minerlization that indeed there is no visible gold. I think that conclusion is very false. I believe that gold concentration in the ore will be comparable to or even exceed those values that were found in the nearby Lampa mine. The assays results will tell all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext