To: Quickdraw who wrote (12962 ) 4/10/2000 2:20:00 PM From: Quickdraw Read Replies (1) | Respond to
The April 10, 2000 Northern Miner Article gives a detailed description of Luicho which for the most part agrees to what we know about it on this thread. northernminer.com Silver is a minor credit to gold, occurring at ratios of between 5 to 1 and 10 to 1. Consistency "the locations of the tunnels at various elevations provide a degree of confirmation for the consistency of grade in the third dimension, as well as suggesting that surface enrichment is perhaps limited." "Of course, every system has its own unique plumbing, and there are no guarantees, but, given the steep fault controls of the mineralization, we remain optimistic we will see a significant vertical component to this particular system." Western Potential The Luicho fault doesn't necessarily form the boundary of the mineralization, but it does form the boundary of the corridor as we can map it right now." "We consider Luicho to be rapidly approaching a high impact project status, one that major gold-mining companies will focus on quickly, once drilling starts, if they have not done so to date," states Mustard who continues to recommend Pacific Rim as a strong speculative buy with a target price of $7.
