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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: ddl who wrote (34801)4/13/1999 11:22:00 AM
From: Richard Mazzarella  Read Replies (2) of 35569
 
Denis, <<results indicated the whole area to be fairly uniform.>> IPM using their assays, they did show a general background of 0.03-0.05 OPT, but the higher grades are in the channels. I think that IPM hit a high grade pluton at one time (higher grades), but don't remember the details. Maxam shows 0.05 OPT SFA randomly drilling also, but has occasionally hit some of the high grade paleo-channels. The Maxam problem was also a little easier than IPM's because Maxam is mostly a gold play while IPM was focusing on PGMs.

<<1opt proven>> Standard fire assay, but not COC. COC for that Maxam mapping drill program will be reported soon, proof.
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