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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: donkeyman who wrote (4411)5/12/1998 11:10:00 AM
From: 1king  Read Replies (1) | Respond to of 11676
 
D'man

There were not dozens of dry holes; dozen dry holes; any "dry" holes in my recollection! Some of the better holes had intersections up to 100+m of ore with sections of 3-4% combined over 40+m. They were vastly better than the DML results. There was/is no "river" but a more complicated fluid dynamic system involved.

These are the facts. They do not detract from the SVB play, but there is very little macroscopic comparison at this stage. As I have said before: Message 4278482
the subtle features are there that provide ample support to the SVB play without "tonnage" comparisons to Voisey or parasitic newsletter cling-ons.

1King



To: donkeyman who wrote (4411)5/12/1998 12:45:00 PM
From: AdamR  Respond to of 11676
 
The NAI/DML Discovery hole of 15.7 meters of 1.13%, 0.78%. copper and 0.2% cobalt has a gross metal value of US$168 at current metal prices. To put this in perspective, the average grade at Eastern Deeps - 1.13% Ni, 0.67% Cu, 0.09% Co - has a gross metal value of US$128. Hole 97-96 was a great hole. We don't need to see 20% plus metal for this to be an ore body.