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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG
SMXMF 0.00010000.0%Sep 10 5:00 PM EST

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To: geoffreycs who wrote (337)4/24/1999 10:42:00 PM
From: Travbfree  Read Replies (1) of 539
 
The last release answers your question, there is nothing there to report on. The sampling from the cap rock (as expected) has low to undetectable levels of precious metals - but has high levels of the path finder elements. The silver numbers they are collecting are from under the cap rock. Thus the need to drill not trench.

By drilling the property three questions will be answered:

Is the feeder zone close enough to the surface to open pit mine the property? (And thick enough >30m)

What is the grade of the zone? (100g/t is good, more is better, if they find gold that's awesome...especially if gold wakes up)

What area does it actually cover?

Drilling will answer more to them but these are the questions that you and I want to have answered. So far so good and a bit of time doesn't hurt us either.

We should be able to expect drill results to start showing late next month.
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