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Gold/Mining/Energy : Corriente Resources V.CTQ Junior Exploration Co. -- Ignore unavailable to you. Want to Upgrade?

To: Ontherise who wrote (1388)	5/4/2000 9:24:00 PM
From: WillC	Read Replies (1) \| Respond to of 1416

Kevin, I was able to speak with Ken S. tonight and had a chance to go over some of the points that have come up in some of these discussions. One of the points had to do with the moly map and the relationship to the copper. First of all, the top is north on the map even though the compass indicates otherwise. The moly relationship is significant sometimes and sometimes it isn't. Significant for the reason FieldGeo explained, as it sits on the surface after the leaching, sometimes not significant as holes 11 and 12 show. He said that as the anomaly seems to follow the main moly body as indicated on the map, that we should consider this relationship to be important in this case. He agreed with FieldGeo's assessment. He agreed that we could easily find a couple of hundred million tonnes of 1% here and he was as surprised as anyone to see so little support from the Canadian junior mining support infrastructure of newsletters and brokers whose express purpose is to find these mining Cinderella stories. These drill results were really only meant to be a scout drill program. It would have taken miles of drilling to prove up 300 tonnes of 1%. I know why brokers fabricate reasons for their clients to sell but I don't understand why newsletter writers would appear to do this. Anyway that's life. Mr. Shannon is too much of a gentleman to have focused on this aspect. He provided me with a lot of answers and I'll try and include some of them in my response to FieldGeo on StockHouse. We can do some more guessing about Warinza and this discussion helps everyone to become better educated about the upcoming targets as well. It sounds like we won't have to spend a lot of time on it as there is a considerable amount of news about Chancho that can be released within two weeks. There is the channel sampling and preliminary work that CTQ has done, as well there is the work that Billiton has done that has never been made public. Four weeks after that we should have our first assays from Chancho and this will be a more extensive drill program. As well, as soon as the rainy season is over, which should be in mid-May, they will bring in the second drill. Hope this helps, Will