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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Frederick who wrote (11559)4/7/1998 3:58:00 PM
From: mfgrep  Read Replies (1) | Respond to of 20681
 
All--

Is it commonplace for assay results to omit a certain depth level from a drill hole?

For example......2.4 oz/ton on drill hole #1 depth 275'-300' excluding 285'-290'.

Just curious.

Jason



To: Tom Frederick who wrote (11559)4/7/1998 5:32:00 PM
From: Eric Tai  Read Replies (1) | Respond to of 20681
 
Tom,
<<However, this is a sedimentary deposit with very similar results in HORIZONTAL slices, not vertical.>>

On what basis can you make the above statement?

I've been watching this stock for the last several years,
all I can say is that some samples in certain segment of
certain hole contain some gold results by using certain
assaying method. Can't even say that the same sample will
turn out similar gold value by using other assaying method
or other labs.

How can you say that it will have similar results in HORIZONTAL
slices? -- when they are still struggling to find a method
that can give all labs similar result on the same sample.



To: Tom Frederick who wrote (11559)4/7/1998 7:16:00 PM
From: jlallen  Read Replies (2) | Respond to of 20681
 
We seem to be stalling momentum wise? Where are the numbers from the rest of the holes? JLA



To: Tom Frederick who wrote (11559)4/8/1998 1:36:00 PM
From: Kim W. Brasington  Respond to of 20681
 
Tom:

In an alluvial deposit, the drill holes do not have to be as closely spaced as those in a hard rock vein. There have been alluvial deposits that have been drilled before. Acceptance by any individual or institution is relative to their risk comfort level. Continued drill results that are akin to the last two holes should continue to grow interest within the industry.

Regards,

Kim W.