Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: Jimsy who wrote (565)	4/14/1998 2:06:00 PM
From: Jesse	Read Replies (1) \| Respond to of 2514

Hiya, Jimsy! Well, after reading today's latest drilling report out of the ADP (from VIP), I have to say Marum /CG still has the best looking news to come out of any recent drilling (most promising),, in spades. I'm hopeful for all and anyone in the area, of course (looks like VIP's first hole may offer something). - - - - Marum, with shallow drilling (about 1/8 the cost or less), has hit green clay- mineralized material and pyroclastic tuffaceous horizons (some over 8') on at least three separate targets (and collected plenty of clean core for analysis). Along with this strong evidence of the necessary transport to bring the stones up from depth, there are lots of other diamond indicator minerals that have previously been recovered from the area (G-2's, G-10's, G-12's, olivine, chromites-I believe, Diamonds, etc). Eleven holes were drilled over six targets in this first stage. A maximum of 9.4m of overburden has been encountered to date. -- I can't wait for some bigger, deeper drilling now. All-weather access is great. I remain very encouraged by what I've seen thus far. Remember, anyone expecting the slow process of diamond exploration to have all the answers overnight is unrealistic. There are many steps. Lots of analysis, always learning-- geology is a dynamic beast! One must be open to incoming data for analysis. Fortunately, this company has been studying this region for years. Exploration costs are also a major consideration, and Marum's recent program has proven to be highly cost effective. So, relatively, we're roarin' through! Best to all, -j :> In the field again as early as next week, I'm hopin' (on the MMU/MIX land).