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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Tim Hall who wrote (7444)3/2/1999 10:12:00 PM
From: Alan Vennix  Read Replies (1) of 11603
 
Tim,

The Maxam PR states the following:

"These mineral deposits are identified by USGS in the following nearby mountains:

Sauceda Mountains Sand Tank Mountains
2-porphyry copper deposits 1-skarn and porphyry copper
1-stockwork molybdenum deposit related deposit
1-rhyolite hosted tin deposit 1-gold and silver quartz vein
1-volcanic hosted disseminated deposit
gold and silver deposit

Are you saying that this specific information is not in the reports, or that you don't give it much significance? I'm not sure how to interpret your comments.

While the overall USGS report covers 12,000 sq mi (an area roughly, 110 miles by 110 miles), from the maps I have, it appears that the Sauceda Mtns stretch from about 3 miles southwest to 10 miles south of the Peoria properties and the Sand Tank Mtns are an equal distance to the east and southeast. This puts the Peoria claims in the area between two mountain chains where the USGS has identified remnant deposits of gold and other metals (if indeed the reports so identify the deposits as such.)

Since you have access to the reports, Tim (and most of the rest of us do not), my earlier question is pertinent (to me at least), that is, whether the info in the PR is not supported by the reports or whether it has less significance in your eyes.

Thanks for your response,

Alan
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