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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Gord Bolton who wrote (2069)3/1/2002 12:49:29 AM
From: Gord Bolton  Read Replies (2) | Respond to of 39344
 
If these guys were real mining men and wanted to raise
some cash, they would be drilling a few more holes
around here and building a ramp at the same time to
dig some of it out.

That stuff is worth about US$21,000 per tonne.
You could probably take it straight to the bank.

MADISON ENTERPRISES CORP.
Mt. Kare Project, Papua New Guinea - SUMMARY OF DRILLING RESULTS

Hole # From To Interval Length Au Ag AuEq
(metres) (metres) (metres) (g/t) (g/t) (g/t)


97 M-05 1.5 3.0 1.5 0.83 3.80 0.90
6.0 13.5 7.5 1.15 45.60 1.99
27.0 58.8 31.8 308.40 129.00 310.77
incl. 49.5 54.0 4.5 2140.98 677.00 2153.39
97 M-06 4.5 9.0 4.5 1.78 39.00 2.50
43.5 82.5 39.0 9.64 67.60 10.88
incl. 67.5 82.5 15.0 23.34 145.10 26.00
97 M-07 9.0 12.0 3.0 0.92 30.50 1.48
46.5 87.0 40.5 4.37 88.60 5.99
incl. 75.0 85.5 10.5 9.65 152.30 12.44
87.0 93.0 6.0 1.53 21.85 1.93