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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (25718)12/18/2003 12:15:09 PM
From: hank2010  Read Replies (1) | Respond to of 39344
 
Thanks, Tom. I recently took a small position in Vedron, after seeing the following drill results announced Dec. 10.

3.4 metres grading 341.1 grams per tonne
including 1.2 metres grading 962.4 g/t
or expressed in imperial units as:
11.2 feet grading 9.95 ounces per ton
including 3.9 feet grading 28.07 ounces per ton

Hole 312-03, 62 degree dip, 150 azimuth.

Intercepted a new quartz vein system in the main zone at 67.3 to 70.8 metres
3.5 metres grading 29.9 grams per tonne
including 1.0 metres grading 104.47 g/t
or expressed in imperial units as:
11.5 feet grading 0.87 ounces per ton
including 3.3 feet grading 3.047 ounces per ton

However, I do not feel as comfortable with it. Either this is a sleeper at 0.38 or I am missing something. I welcome others' comments.
Vedron has 50% int. in prop. other 50% is Northcott. Vedron also has other Timmins area properties optioned to Placer Dome and royalty interests.

Even if not interested in Vedron, for an appreciation of the Timmins area, check out property map at www.vedron.com.

You have done well with Claude, Tom, and am sure you will continue to do so.