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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: steadyasyougo who wrote (30673)2/27/2003 12:01:52 PM
From: Claude Cormier  Read Replies (1) | Respond to of 34075
 
Gerald,

There are many types of placers. So that complicates the discussion. I am no expert on placers and not even an expert in mining as I am constantly learning.

<I had always heard that companies, big or small, do not like to mess with placer deposits. Proving up resources and reserves is just too difficult.>

It does depends on the type of placer. Sure difficult in alluvials from river beds. But why would it be in conglomerates. These can be drilled to collect (mini-bulk) samples and that can be processed instead of assayed. Much more expensive I am sure, but difficult I don't think so. Why sould it be?



To: steadyasyougo who wrote (30673)2/28/2003 10:02:54 AM
From: Jon Matz  Read Replies (1) | Respond to of 34075
 
Gerald, the 35 paystreaks number keeps coming up. Do you know exactly how many are above the level of the draw points? I'm guessing that quite a few of them are below this level and should not be counted as recoverable with this type of processing.

Jon

PS: Why did Terry say in todays release "MORE" rather than "SOME" referring to processing higher grade material?

Confused, Jon