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Microcap & Penny Stocks : IDCN - gold, garnet, etc.
IDCN 0.000010000.0%Mar 6 3:00 PM EST

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To: Harry_Behemoth who wrote (5399)3/4/1999 11:05:00 PM
From: Harry_Behemoth   of 5908
 
Another web page update:
Hole CIH-99-1 Results

March 4, 1999 - Drilling today again was slow, we have reached 150 meters hitting very tight structure all day. This indicates we are close to vein 27 or there is a fault line running between hole #2 and #3. We may not hit vein 27 for another 50 meters. We will see on Friday.

TUNS told Doug Boddy today that they have anomalous readings on the atomic absorption tests and therefore will perform bottle roll cyanide testing. This is done when results are positive and a confirming test is needed to validate the prior data. The pulp will be stripped off and the remaining product rolled with cyanide which will attached to all the gold and then can be separated and tested very accurately. If they do it this weekend as they indicated they might, we could have the total results by the first of next week.

To clarify our early statement today regarding prior trenching results, we published selected data last July showing some good, 198 grams per ton, gold content. We did not publish the high-grade quartz pickings that assayed at 3000 grams per ton, as this is meaningless to the actual voracity of an economic ore body. Well-disseminated gold readings in the 8 to 30 gram area are what we expect in the sulfide vein we have been hitting. These will be considered very high assay reports. 2 grams would be considered great in some areas. We are of course in a historically recorded high-grade area. The quartz veins could have very high-grade product averaged in with the lower disseminated gold in the gray wacky and other hard rock. The total average of these formations will tell us how to go after the ore (i.e. open pit or hard rock mining.)

The more lower readings of the disseminated gold we have the better for quantifying the ore body's possible reserve potential. The high-grade veins cannot be assumed to be uniform or continuing for great distances as the disseminated ore can be. Quartz veins swell and pinch as they undulate through the earth. We know what the high-grade areas indicate because we have already processed those samples nine months ago.

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