SI
SI
discoversearch

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 : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: Jesse who wrote (2091)10/6/1999 2:14:00 PM
From: Leigh McBain  Respond to of 2514
 
Jesse, hi, things are looking good. Although the gold numbers that we saw are low (except for the obvious one 46.67), I have been doing some checking and it appears we only need to be looking at an average grade of approx .8 g/t to be economic. This is due to the shallow, open pit nature of the resultant project. There is obviously plenty of additional work needed, however, with only about 5% of the samples in and more coming, we may see a significant move very quickly. This fault has a length of some 33km and so far we have no reason to believe that the mineralization does not span the length of that fault. But only time will tell for sure.

Do you happen to have any feedback on where on the properties the samples we have current assay numbers on are from? I believe that due to accessibility, etc. they would have most likely been from the MMU/MIX JV property, but would like to confirm. Have not been able to yet.

Salut,
Leigh McBain



To: Jesse who wrote (2091)10/6/1999 2:20:00 PM
From: Larry Meneely  Read Replies (1) | Respond to of 2514
 
Good day, Jesse. Great pictures - makes me feel like family, especially with the very considerate chats Rick provides us. I have a question: can we get an update on this from the July99 news release:

"-- Marum Resources Inc., International Tower Hill Mines Ltd. and Micrex Development Corp. announce the initiation of preliminary discussions with several mining corporations regarding the exploration of the extensive metallic mineralization recently discovered in the Chinchaga area of northern Alberta. Due diligence evaluation of preliminary data, including field investigations, are scheduled for this summer. Current exploration strategy is to seek a senior joint venture partner to assist in the exploration of metallic minerals and to continue to explore the Chinchaga area for diamonds on their own accounts"

Love the way events are unfolding.
Larry Meneely