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

To: Claude Cormier who wrote (2911)	7/7/1999 5:32:00 PM
From: S. E. Baker	Read Replies (1) \| Respond to of 4504

Claude (or anyone who wants to put in an estimate): Given the modest amount of information we have about TG-3 (grades, depth, geometry) and what we know of current metals prices, what are you looking for in terms of copper-equivalent grade or $/ton value of rock to be willing to consider that mining TG-3 might be economic, say, if 25M tons in the center of the lens were a reasonable expectation for the amount of rock that would be of that high-enough grade? Are we looking for 3% copper-equivalent or 8%? $50/ton rock or $120/ton? I know you'll just be giving rule-of-thumb general numbers, but I think it might be helpful to consider the issue. Thanks. Steve

To: Claude Cormier who wrote (2911)	7/7/1999 10:22:00 PM
From: Bruce Robbins	Read Replies (2) \| Respond to of 4504

Claude, The dyke is a tabular body of rock that cuts across the massive sulfide lens. It came in after the massive sulfides. It represents a gap of non-mineralized rock that is unrelated to the massive sulfide lens. Most mines have late stage dykes (dikes- if you are a real North American). They will have to drill around hole 2 to find how wide this "gap" is- we only know that it is less than 400 meters <g>. IMO, it should not be large (less than 50 m). Bruce