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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (22804)10/16/2006 1:19:01 PM
From: loantech  Read Replies (1) | Respond to of 78416
 
You were right about something else though! <g> Hard to get away from these stocks not being a drill play. LOL.Only PLM has the full resource for me.

WGDF and GGC and GGN are still depending on drilling and so is MMGG but to a lessor degree. I was hoping to escape some of that. You were right again!

I did talk to the Black Knight Randy Oliphant of WGDF last week. As it happens those high grade holes that I posted a month or so back that go into the non oxide may not be as random as I thought.They think they have the potential for a lot of repeat holes.

<Initial test work from the Mesquite Vista pit non-oxides conducted by Newmont Metallurgical Services indicated a recovery of gold in concentrate of more than 80 percent, suggesting excellent potential for enhanced gold recovery from a gravity and flotation circuit program.>

<"After reviewing the geologic database supporting the reserve estimate described in the recent Feasibility Study, it is apparent that many of the drill holes in the mine area stopped in mineralized non-oxide material" >

<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 including 10 feet averaging 1.74 ounces of gold per ton>

So back on another drill play. LOL.