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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Cook who wrote (2341)6/18/1999 1:27:00 PM
From: Jeff Dickson  Respond to of 4504
 
Andrew,

Hard to say how much gold one can expect in the sulphide zone. It really depends on the deposit.

>When you have a situation like this where you have a inferred >resource with surrounding targets (I assume these are targets from >geophysical work), is there really much chance that the targets come >up dry???

Absolutely. However volcanic type deposits are promising for this kind of stuff. If the first couple of holes from another target come up looking like TG-1, then people will start thinking that there is a lot of stuff in there. Right now there just isn't enough information to call them anything but interesting. But if the core looks like TG-1, watch out above...



To: Andrew Cook who wrote (2341)6/18/1999 4:03:00 PM
From: Claude Cormier  Respond to of 4504
 
<<It seemed consensus that there was a pretty decent possibility that there might have been gold content in the oxide cap. What are the chances for the sulphide zone? >>

The odds are very good that gold will be present somewhere in the sulfides. However, we cannot expect the same kind of grade.

<<(I assume these are targets from geophysical work), is there really much chance that the targets come up dry??? >>

Of course, it is possible to have an anomaly with no economic metals in it. BUT... in all volcanic systems where several anomalies are found... there is always MORE THAN ONE deposit that is discover. Looking at the slide from the powerpoint presentation that shows the various anomalies, I am sure that this will be the case again. Lets hope TG-3 will be the next deposit.

Claude