Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (157)	8/20/1999 10:42:00 AM
From: Bobby Yellin	Respond to of 4409

who knows.. maybe this will prove your post on gold monitor thread.. I don't mind eating crow.. bobby

To: Claude Cormier who wrote (157)	8/24/1999 12:18:00 PM
From: kidl	Read Replies (1) \| Respond to of 4409

NR :-) Corner Bay continuing drill results at Alamo Dorado Corner Bay Minerals Inc BAY Shares issued 8,808,207 Aug 23 close $1.49 Tue 24 Aug 99 News Release Mr. Peter Mordaunt reports Peter Mordaunt, president of Corner Bay Minerals, is pleased with the results from the continuing drill program on the company?s Alamo Dorado, silver/gold property in Sonora, Mexico. Infill reverse circulation drilling, which is the focus of the current program continues to exceed expectations Results from two additional infill sections (L-150S and L050N) continue to demonstrate a wider silver and gold system than was previously observed. All analysis have been conducted by Bondar Clegg de Mexico, S.A. de C.V. at Intertek Testing Services of Hermosillo, Mexico. The geological concept that the ultimate true width of precious metal mineralization was never determined in earlier drill programs is now a fact. Not only has this drill campaign confirmed the continuity of the deposit along strike, these drill results confirm a significantly larger deposit than was previously reported. This is evidenced by the comparison table below: Average of Current Drill Results Avg. Equiv.2 Equiv.2 Width Ag Au Ag Au (m) (g/t) (g/t) (g/t) (g/t) 185 76 0.23 88 1.70 Included are drill holes AD-25, 29, 26, 27, 32, 33, 34 and 35. These are all up dip holes drilled as part of the infill program. Average of Previous Drill Results Avg. Equiv.2 Equiv.2 Width Ag Au Ag Au (m) (g/t) (g/t) (g/t) (g/t) 105 80 0.25 93 1.79 Included are drill holes AD-01, 02, 03, 04, 05, 06, 07, 08, 09, and 10. These are all up dip holes drilled previously and correspond along strike to holes above. Furthermore, the company is now in the process of re-entering the first 10 drill holes (AD-01 to AD-10) and extending their depths to coincide with the recently drilled infill holes. Once this is completed further drilling will occur down dip of drill holes released in the current program. All of this work will culminate in a new reserve and resource classification early this fall. The ore reserve work along with economic studies will once again be completed by established mining consultants, MINTEC Inc. of Tucson, Ariz. In addition, Corner Bay has now tendered a diamond drilling contract, which will result in larger diameter drill holes (PQ core) being drilled in the deposit in preparation of the detailed metallurgical program. Metallurgical results to date have shown the Alamo Dorado ore has fast kinetics and is amenable to heap leaching. The work remaining, which is to be conducted by Metcon Research Inc., will determine the optimum crush size for maximum recoveries for heap leaching under commercial operating conditions. Other surface exploration on the property along strike to the south and east has identified a strong geochemical anomaly. The anomaly appears to be an extension of the deposit to the south and east. Using Mobile Metal Ion geochemistry (MMI) a well defined silver and gold anomaly has been traced along the slope of an adjacent ridge for 750 metres over an average width of 100 metres. The company feels this is an important discovery and will follow up on this area shortly with geological mapping and surface samples to determine the economic significance of this geochemical anomaly. Alamo Dorado Drill Results Equiv. 2 Drill Width Ag Au Ag Au Hole 1 (m) (g/t) (g/t) (g/t) (g/t) AD-08 96.0 90 0.23 102 1.96 incl. 54.0 116 0.31 132 2.54 AD-07 63.0 50 0.24 62 1.20 incl. 54.0 63 0.26 76 1.47 AD-13 99.0 72 0.19 82 1.57 incl. 46.5 93 0.30 109 2.10 AD-29 229.5 120 0.25 133 2.56 incl. 117.0 222 0.41 243 4.68 AD-25 229.5 73 0.22 84 1.62 incl. 64.5 193 0.56 222 4.27 AD-24 156.0 46 0.10 51 0.98 incl. 70.5 78 0.19 88 1.69 AD-10 148.5 157 0.31 173 3.33 incl. 132.0 162 0.32 179 3.43 AD-09 115.5 60 0.24 72 1.39 incl. 90.0 71 0.24 83 1.60 AD-14 121.5 27 0.22 38 0.74 incl. 33.0 47 0.23 59 1.13 AD-353 142.5 93 0.26 106 2.05 incl. 105.0 122 0.30 138 2.65 AD-343 193.5 92 0.40 113 2.17 incl. 120.0 109 0.54 137 2.64 AD-02 132.0 82 0.37 101 1.95 incl. 64.5 117 0.44 140 2.70 AD-01 139.0 101 0.32 118 2.26 incl. 75.0 136 0.51 162 3.12 AD-15 133.5 27 0.22 38 0.74 incl. 66.0 39 0.35 57 1.10 AD-31 105.0 20 0.18 30 0.57 incl. 51.0 29 0.25 42 0.80 AD-30 52.0 42 0.08 46 0.89 incl. 27.0 72 0.03 78 1.49 AD-27 166.5 57 0.20 67 1.30 incl. 69.0 78 0.18 87 1.70 AD-26 184.5 43 0.20 53 1.03 incl. 46.5 54 0.54 82 1.58 AD-06 81.0 65 0.18 74 1.43 incl. 54.0 84 0.23 96 1.84 AD-05 102.0 72 0.17 81 1.55 incl. 76.5 87 0.21 98 1.88 AD-16 100.5 22 0.11 28 0.53 AD-333 198.0 51 0.16 59 1.14 incl. 127.5 64 0.20 74 1.43 AD-323 135.0 68 0.15 76 1.46 incl. 106.5 80 0.16 88 1.70 AD-04 73.5 22 0.10 27 0.52 incl. 22.5 36 0.10 41 0.79 AD-03 100.0 29 0.21 40 0.77 incl. 78.0 30 0.30 46 0.88 AD-17 117.0 48 0.08 52 1.00 incl. 75.0 70 0.10 75 1.45  1 -- holes presented shallowest to deepest intercept on section.  2 -- equivalents based on $260 (U.S.) per ounce Au and $5 (U.S.) per ounce Ag.  3 -- newly released drill holes. ¸ Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com