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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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To: Ptaskmaster who wrote (36)3/24/1999 4:08:00 PM
From: DRT  Read Replies (2) of 529
 
HLM - no question it is not the grade that the company, the original prospector or NAP for that matter would have anticipated (whether they missed it is the question/perhaps check assays on the original #9 will shed more light on the situation). Bottom line - more work is required to determine the PGM potential of Tib Lake.

As for ore grade - I would use the Lac des Iles numbers as a guide.
I would want to see either 2% combined PGMs near surface or 4% at depth. It depends on depth, width of intersection and grade. The deeper it is the higher the grade required. If Bushveld is any indication, recent results from MUST would not be considered economic given the depth.

DRT
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