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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International ) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (176)	10/6/1999 9:37:00 PM
From: Robert J Mullenbach	Read Replies (1) \| Respond to of 462

Standard should be next to open new mill in Honduras. Glamis gets go ahead. biz.yahoo.com XXXXXXXXXXXXXXX San Martin is located in Honduras, forty miles north of the capital city of Tegucigalpa. The mine will be an open pit, heap leach operation producing 80,000 ounces of gold per year at total cash operating costs of $149 per ounce. The operating and financial parameters of the project are as follows: Proven and probable reserves total 39,282,600 tonnes at an average grade of 0.86 grams per tonne for a total of 1,082,920 contained ounces of gold. Reserves were calculated using a gold price of $275 per ounce. The strip ratio is 0.4 tonnes of waste per tonne of ore. XXXXXXXXXXXXXXXXXXXXXXXX Zopilote Last up date on Reserves in Honduras. RESOURCES: In-Place Mineralization Main Resource Area: 4,747,000 tonnes @ 1.64 gpt Au New Resource Area: 2,246,800 tonnes @ 2.07 gpt Au Total: 6,993,800 tonnes @ 1.78 gpt Au (400,300 ozs) Standards ore looks richer than theirs . So far, and that don't even figure the new anomaly.