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Gold/Mining/Energy : GITENNES Exploration (ase:GIT) -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (884)11/21/1997 9:07:00 PM
From: E. Charters  Read Replies (1) | Respond to of 1092
 
" How many of the 50,000 drill holes at the Hollinger mine were for exploration and how many were for development."

# THERE WERE 50,000 EXPLORATION DIAMOND DRILL HOLES DRILLED IN THE
MINE UP TO 1972. And if I had my way I would drill some more.

There were 1800 holes drilled in Kinross's 1060 zone from the surface
in one year. There were 1500 holes drilled in Echo Bay Mines Aquarius
deposit in one year. They are still drilling one year later about 2 kilometres away. Echo Bay proved only 1.5 million ounces.

I don't think Alumbre is cut off yet. I believe the true width is 71 % of the true width.

It is probable that GIT has 1.5 million ounces at least. But in 1 year they have drilled less than 30 holes. Its going slow. But that is the altigrungo.

just my opinion.. but I am rarely wrong and where I am found wrong there is generally something wrong somewhere.