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


To: Claude Cormier who wrote (277)6/8/2002 12:13:36 PM
From: TrueScouse  Respond to of 585
 
CC: <<Someday a major deposit will be found there>>

I understand that they start drilling the Lince property in Peru within the next 2 weeks. From the SWG website:

" The Lince property hosts zinc mineralization adjacent to high level feldspar porphyries that have been traced over a 2,700 metre strike length in two zones. The northern mineralization is comprised of replacement matos for a 1,500 metre length. The southern zone of zinc-copper skarn mineralization extends for 1,200 metres, approximately 1,500 metres southeast of the northern zone. Rock chip samples returned values of 1.22% to 8.50% zinc. "

This is a JV with Inco. Lince was once described to me as "the largest copper/zinc property in Peru". I don't know whether that's true, but it shows what you were saying -- that a lot of their assets are base metals and the value of these assets are not understood by the market.

Regards,
Howy