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


To: Bruce Robbins who wrote (3958)1/14/2000 6:27:00 PM
From: Sailfish  Read Replies (2) | Respond to of 4504
 
Greetings to all..

Well, to say the least, I'm confused, maybe even fubar'd... ;-)

Just did a quick look-through and of the latest 20 holes as reported drilled on the TG1 Sulphide Deposit, 14 of them, or 70%, had Cu intersects greater than 2%...That averages out to 2.74% Cu over 581.3 meters of >2% core...To put it another way, it's 14 holes, out of 20, with an average of 41.5 meters per hole containing an average of 2.74% Cu per hole...

The 6 remaining holes all had various intersections of > 1% Cu....Or, 6 holes with an average of 25.4 meters per hole containing an average of 1.4% Cu...

I appreciate the fact that by averaging these results, it detracts from any real resource model...However, wouldn't these results not mean a "significant" increase to the indicated? mineral resource of TG1...??

Not to be forgotten is the fact that all of this (which includes the oxide cap) will be mined by open pit...

Hell, for how the market responded, they may well have just reported on Graham's necksize or the length of the duck's bill... :-)

Can anyone speak to this...(sans le neck et le bill)...??? Thanks...

Also, would someone provide a definition of "infill drilling"..?? Thanks...I'm from Missouri... :-)

Regards....Ray