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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (3227)12/1/1997 4:44:00 PM
From: O. H. Rundell  Respond to of 11603
 
Richard,

"I think that the company is much further ahead in understanding the property compared to a year ago"

Yep!



To: Richard Mazzarella who wrote (3227)12/1/1997 5:26:00 PM
From: Larry Brubaker  Respond to of 11603
 
Richard: I don't know the per acre cost for magnetic surveys but it looks like the one they have covers about 75 acres.

I believe Maxam is in the process for applying for a permit from the BLM to cover more ground than is currently covered by the 5-acre mining notice. I think I recall they were talking about 80 acres.

Maybe the acreage covered by the magnetic survey was chosen to correspond with the acreage they plan to initially mine?


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