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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Gold who wrote (19729)10/22/1999 12:41:00 PM
From: john  Read Replies (1) | Respond to of 25548
 
lets hope his Spanish isn't to rusty!

Seems to me that Golden Eagle International had the same problem getting news out, the translation excuse. LOL.

If it is not one thing it is another that drives it to,

NEWS NEXT WEEK.



To: Mike Gold who wrote (19729)10/22/1999 12:58:00 PM
From: bully  Read Replies (1) | Respond to of 25548
 
Mike do you know who........................................

The Geologist is that will be on the property bearing full responsibility for the logging / splitting and transportation of the drill cores safely to the assay lab ? I'm under the assumption of course that Mr. House would have to disqualify himself from the task, being a Director(insider) and all, in order to avoid a possible conflict of interest controversy, wouldn't you think ?

"BULLY"!



To: Mike Gold who wrote (19729)10/22/1999 1:16:00 PM
From: Mike Gold  Respond to of 25548
 
To Rich519:

"Thanks Again Mike Gold. Two more questions. I would expect that breccia pipes can have economic values with no underlying porphery or a porphery with little or no economic value.

1. What is the probability of there being a porphery at Lipangue and that the values in any porphery are equal to or greater than the pipe. You clearly seem to believe there is a porphery there and have pointed out indications from materials Medinah has released supporting that concept. What makes the Medinah situation especially interesting to you as compared to other situations.

2. What is the basis for your evaluation probabilities in one above. For example would the many veins on Lipangue and surrounding properties indicate anything one way or another."

For starters, Lipangue is in Chile where copper porphyries abound plus a few gold/copper porphyries thrown in for good measure! Then we have this from the Doppler Report:

"The apparent discovery of additional breccias on the Alto de Lipangue plateau is not unexpected, as breccia pipes often occur in clusters. More importantly, geologists have found that breccias are associated with about 50% to 60% of known porphyry systems, and that breccia pipes generally plunge in the direction of the parent intrusive.

The picture that is taking shape on the Alto de Lipangue plateau is one well-defined breccia pipe (Lipangue), plus one (possibly two) additional potential breccia pipes located along a line trending from SW to NE across Medinah Mining?s property toward adjoining ground owned by Cerro Dorado, Inc. (CDCH on OTC-BB), about two kilometers away. The apparent strike length of the multiple breccia pipes suggests that they may be related to a common system, and that a massive porphyry deposit with world-class tonnage potential may underlie the Lipangue plateau at depth!"

We know from the House report that the quartz float found at the surface of the breccia pipe shows unusually large quartz crystals present-takes a long period of time to form these-means the hydrothermal fluids perculated for quite a awhile-the whole time concentrating heavy metals. Take a hot intrusive that stays hot to do that. At the same time this was happening water/fluid from the magma plus water coming down from the surface was perculating around forming our porphyry.

Another point to consider-the vein swarms found in all areas of the mountain.-N/S/E/and West. Vein swarms are common with porphyry systems. These veins usually do NOT originate from the breccia pipe but rather the porphyry itself. Lateral transport of hydrothermal fluids is limited due to heat transfer considerations.(Heat goes up-if you move sideways to the heat source-it gets cooler quickly.)(ie a pipe is not going to send out a vein 2 miles horizontally from itself-however-a porphyry hidden at depth would have no problem creating a vein straight above itself!) Don't forget the placer deposits...they seem to exist in all the stream beds coming from mountain-another sign.

Another point is the mantos deposits at LDM. These types of deposits are very commonly associated with porphyry systems. It's spatial relationship to Lipangue is just about what you would expect..

Another point is the drill results themselves-they showed more then one type of breccia...more then one explosive event took place in the same spot...

Another point it the rock alteration patterns found...as you move away from the intrusive-the rocks are altered by the heat in a characteristic way...this type of alteration pattern is found at Lipangue....

There is more but I am probably boring most of you....I consider the presence of a porphyry system at Lipangue a near certainty. Whether it will contain ore grade minerlization has yet to be determined.

Finally, don't underestimate the importance of location. Location, location, location! If you can think of a better place for a gold deposit than Alto De Lipangue(within eyesight of the Santiago Airport)then please tell me!

Concerning other gold plays....certainly there is some...most of the intersting properties-however, are owned by large mining companies so your potential profits from an important discovery are nil....despite what some others say..I think Medinah is the king of the juniors....best property bar none!