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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ogi who wrote (103865)	1/22/2008 5:44:33 PM
From: E. Charters	Read Replies (1) \| Respond to of 312983

yes that is the one. ARK. Not AUC. Aranka. Land in Guyana. I always felt it was high priced, but time will tell. Made a property payment of $600K for the Aremu property. sedar.com The Aremu mine is a former underground gold producer. In 1910 one of several known mineralized zones was developed by the sinking of a 170 foot vertical shaft as well as 1200 feet of underground development work. The mine produced 6,488 ounces of gold from 14,632 tons of ore for a recovered grade of .44 oz/ton Au. Gold recovery was by amalgamation. High transport costs and low throughput forced the mine closure after one year in 1911. In 1948, The Anaconda Mining (Guiana) Company carried out limited diamond drilling and tunnelling in the immediate vicinity of the Aremu Mine. A review of historical drilling results indicates that both high grade vein-type gold as well as disseminated gold in host rocks is evident of the Property. Drilling, tunnelling and airborne geophysics suggest the mineralized zone in the Aremu camp has a strike length of 16,000 feet and a width of approximately 2,000 feet. Mineralization is likely genetically related to the Aremu Granite to the north of the historical EC<:-}