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

To: Mr. Aloha who wrote (55304)	1/19/2008 11:29:45 AM
From: loantech	Read Replies (2) \| Respond to of 78409

Mr. aloha and jack in regards to this MMG NR: Metalline Intersects 95 Meters Averaging 166 Grams Per Tonne Silver in New Zone at Sierra Mojada 2007-11-21 09:00 ET - News Release: <During the first part of 2007, from January through mid-April, Metalline conducted a program of diamond drilling in the western part of the San Salvador mine with the principal objective of evaluating relatively shallow silver mineralization in that area. A parallel program of longhole drilling was conducted from old workings elsewhere on our concessions where preliminary sampling had indicated silver mineralization. Longhole sampling uses percussion drills mounted on hydraulic supports ("jacklegs") to obtain samples at distances of 10 to 20m outward from old mine workings. Total core drilling during this period was 2074 meters and longhole drilling added 2981m of samples. A large number of longhole samples returned encouraging silver values and several exploration targets were defined for future drill testing. Some of these targets have been drilled, but as discussed below, we have no assay results from these holes.>>> Seems like assays would be available by now no matter what the delay on those earlier "longhole drill" holes? < The hole was oriented on an azimuth of 300 degrees and on a +25 degree dip. Between 38 and 43 m, the hole crossed a 5 meter zone that averaged 347 gm/tonne silver (11.1 ounce/tonne) and 0.55% Cu. A 95 m interval between 84 and 179m averaged 166 gm/tonne silver (5.3 ounce/tonne) and 0.16% copper. Within this zone, the 40 meter interval from 90 to 130m averaged 229 gm/tonne silver (7.3 oz/tonne) and 0.2% copper. The zinc and lead content of all of these intercepts is economically insignificant. The true thickness of the zone is unknown. The mineralized intercept is within 100 meters of the surface in this area> These are very economic wide widths IMO. Do each of you concur? <We are currently operating two drills on a double shift basis, and have drilled 3194.55 m in the period 9 August through 10 November. Part of that drilling was for training new operators using our smaller Termite drills. We have processed and shipped pulps for assay on 2372 core samples and 124 longhole samples, representing about 2620 meters of samples, during the period since early October. Unfortunately it is currently taking more than 6 weeks for shipments from Mexico to reach our commercial laboratory in Vancouver, and none of the samples that have reached the laboratory have yet advanced to begin analysis.>>> Did I read that right that it takes 6 weeks to get samples to the lab? Long time even by van, truck, rail or Uhaul? A mule train could do it in six weeks if they swapped mule teams and made 75 miles per day. Can a mule train go three miles per hour? <G> I think so. <We do not know how long it will be before we have assay results from the samples that have been shipped, but we anticipate a flow time of at least 8-10 weeks from the time we ship samples until we receive results> <We had anticipated many of these developments and implemented a plan in early 2007 to deal with the difficulties. During the pause in normal drilling activities for geotechnical drilling, a major upgrade of our sample preparation laboratory was performed. This improved both equipment and facilities as recommended by our consultants. This project was largely completed by late August.> Can they just get in house results rechecked and speed up the assay reports? It appears as though my purchase may have been hasty if I was interested in results for silver assays which I am. As the mine plan may be part of the feasibility and may not be released independent of the feasibility study are we anticipating any news other than assays or the block model and any new news on the block model? Am I correct in that the mine plan will not be released independent of the feasibility study? Thank you, Tom