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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Graystone who wrote (86418)	6/4/2002 1:40:42 PM
From: E. Charters	Read Replies (1) \| Respond to of 116764

Listen here, boah, isn't that theah Gold in Prairie near South Foahk? Seems to me JR gots some properties up theah.

To: Graystone who wrote (86418)	6/5/2002 6:00:48 AM
From: E. Charters	Respond to of 116764

There is gold-shale-in-oil potential in southwestern Saskatchewan and nearby Alberta. This type of deposit was explored by some junior mining companies in Fort MacMurray area a few years back. Lac Minerals did some work on it, so its not hooey. Trouble with these deposits is they are low grade and really hard to assay. The carbon in the rock forbid solution assaying and bedevils fire assaying too and ultimately any plant process that does not first deal with the carbon. We did find values of different kinds in some areas near the Fort, but there was no process work done to delineate a deposit. Suncor and Syncrude engineers admitted that they had projects to recover metals of all kinds from the tails of the tar sands. It is attractive at that scale as there are near 10 dollars a ton of multi-minerallic nature, noble and base, in the tails. So far they are only ideas and tests. I have not seen a plant design. EC<:-}