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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (429)	10/23/2000 10:59:17 AM
From: Travbfree	Read Replies (1) \| Respond to of 539

News release samex.com Alot to be said however here is the gist of it as was pointed out to me. 15-25% zinc, 5-25% lead, 70-300g/mt silver and 2-5% copper; Using the conservative ends of each metal (except copper) we find a gold equivalent value of 17.5g/mt on surface! 10% zinc = 220lbs (2200lbs/mt) @ $0.50/lb = $110/mt 5% lead = 110lb @ $0.22/lb = $24.20/mt 100g/mt silver = $15.60/mt Total = $149.80/mt With gold at $275/ounce and 32g/ounce, $149.00/mt = 17.5g/mt equivalent! This is significant.