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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (3504)	7/30/2006 4:39:49 PM
From: loantech	Read Replies (1) \| Respond to of 29622

Not a big deal at all on the mining costs. That is why they brought in the past President Douglas Newby and he ushered in the new board of Randy Oliphant and Ray Threkheld. They have the 90 mill waiting for them. All they need is published feas numbers that work. If the feas is remotely close to the scoping study then financing is in the bag. They have what they call a ROM operation. Run of the mill. No mill needed. They are starting on new leach pads and it will be all heap leach. Pits are existing. New areas will be dug out. They are buying 2-3 haul trucks, a loader or two, a shovel and not sure what else. They have all the permits and some stuff on the leach pads as we speak. Baby will be up and running when gold hits over a 1000 in 2008. Eh? <g> WE hit 730 this year and will close at 800. 950 next year or in 2008. They will have 100% IRR. Gonna get rich on MMGG and WGDF. WGDFhas an average grade of .7-.8 g/t. These numbers say it all on new material: [September 08, 2004] Western Goldfields Reports High Grade Gold at Mesquite; Multiple Drill Hole Intercepts Greater than 1.0 Ounces of Gold Per Ton RENO, Nev. --(Business Wire)-- Sept. 8, 2004 -- Western Goldfields, Inc. (Pink Sheets: WGDF) is pleased to announce that its review of geologic and mine operating data at its 100%-owned Mesquite Gold Mine in Imperial County, California has already highlighted significant, high grade gold mineralization. The Company continues to evaluate and compile the extensive data gathered by various parties from twenty years of exploration and mining. The information is being incorporated into the Company's plans to recommence mining. Western Goldfields has focused on areas included in the previous owner's (a subsidiary of Newmont Mining Corporation) mine expansion plans that are covered by existing operating permits. At Big Chief South/Bayhorse, one of the extensions to the Big Chief open pit, multiple vertical drill holes encountered medium-to-high grade gold mineralization. According to the Company's review, the best drill hole intersects recorded in this area include: -- MR-3052 - 80 feet averaging 0.67 ounces of gold per ton including 30 feet averaging 1.71 ounces of gold per ton. -- SM-1404 - 50 feet averaging 0.96 ounces of gold per ton including 10 feet averaging 4.41 ounces of gold per ton. -- SM-1970 - 10 feet averaging 3.88 ounces of gold per ton including 5 feet averaging 7.50 ounces of gold per ton. -- MR-2793 - 50 feet averaging 0.37 ounces of gold per ton. To da moon with these.<g> Tom