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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: 4figureau who wrote (198)	6/18/2002 4:48:25 PM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 5423

I just re-read the 2001 AIF and found a few interesting things. "the Pine zone was estimated to hold potential for 200 million tonnes grading between 0.12-0.30% copper (up to 1.3 billion lbs) and 0.25-0.70 g/t gold (up to 4.5 million oz. of gold)" Note that there's a range of values given for the gold and copper. Also, it says " positive effect of higher gold values returned in sludge samples from the broken zone" which means that the broken zone had poor core recovery and the assays from the drilling fluid ran typically higher than from the core recovered. So the Pine-Tree zone could contain values equivalent to Kemess, possibly 0.45 g/t plus 0.22% Cu. 200 million tonnes of this could potentially give us 2.9 million ounces of gold and 970 million pounds of copper which would work out to over 5 million ounces of gold equivalent. Not a bad start for an unknown junior! There's lots of other interesting gold showings all of which look good and need work.