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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Karl Zetmeir who wrote (26166)	11/14/1997 5:23:00 PM
From: strenlich	Read Replies (1) \| Respond to of 35569

Karl, I don't know if this is any help and I can't speak for IPM ore but my desert dirt ore will not standard fire assay. The assay with a chemical pre-treat and flux formula came back at .05oz.Au/ton from two labs and the same ore ran through a recovery system with .2oz.Au/ton. recovered. There's gold in them there sands and it is recoverable. I am trying a "Belgian Flux" next.:regards-strenlich-

To: Karl Zetmeir who wrote (26166)	11/14/1997 8:36:00 PM
From: strenlich	Respond to of 35569

Another thing I forgot to mention is that there is a whole sub-culture of small, independant, recovery systems out there in Nevada, Utah and Arizona. The system I recovered the .2 from was seriously being concidered for commercial purposes when through networking another system was discovered which could recover .5.Again this was from the same ore assaying @ .05. Luckily I ran into financial/management problems at the time and the second system had to be abandoned. The first system's recovery costs were about US $120/oz while the second system's recovery costs were about US $85/oz. I say lucky because I am now looking into a system CLAIMING they can recover over 5oz Au/ton and 5oz pt/ton, again on the same ore. It sounds ridiculous but still worth investigating with third party looking over my shoulder. I guess my point is that things can change DRAMATICALLY with these ores towards the upside as well. Suppose one of these sub-culture recoverers asked to run IPM ore through their system and IPM agreed and it blew the old numbers out of the water. The whole confirmation, Bateman, BD structure would have to re-calibrate to the new system. If one of these guys did "come in from the cold" it would be to a group like IPM not to the Barricks,Charters Etc. who have been telling them they're crazy all their lives. I am not too optimistic about this scenario but stranger things have happened and could happen any day. regards-strenlich-