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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (769)	11/24/2002 6:06:37 PM
From: E. Charters	Read Replies (2) \| Respond to of 1293

A mag is more useful than a detector as it will more reliably identify paystreaks. 60% of all paystreaks in Alaska and Yukon are mag anomalies. IP will identify some, and the rest must be eyeballed and drilled. I would never rule out the routine use a detector though. Proper use of a mag means controlling for diurnal and not reading during storms. Most people had best not even go out for the day with the slack attitude toward mag. Run a base station or loop carefully to low gradient check areas and correct carefully on a corrected baseline and you can read to 1/2 a gamma. This will give you a chance to find pay. Often you can see it on the traverse though. Use an Overhauser Mag or gradiometer and it would be advantageous. Most people want way too much for their placer claims. If you add up what can be had on their strike length available often the cash is almost 30% of what you are likely to find at best. Some are price reasonanbly but the idea that a hefty royalty can be afforded is unrealistic. Few placer claims are run that economically run to be able to afford much margin. Everything in placer is controlling costs and delineating pay. In other words explore and engineer. I have seen lots of operations that ran with high loss recovery methods and also utilized many pieces of diesel equipment that moved gravel many a mile. That formula is a license to operate by the skin of your teeth. EC<:-}