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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Forrest who wrote (3898)5/30/1998 12:56:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 34075
 
Maybe part of the reason optimists on this thread
have received criticism, is that the idea of a pit
and leaching is so different from the way these
placer deposits are mined traditionally. So, the
obvious question from an uninformed seat-of-the-pants
speculator like myself is...

How are placer deposits traditionally mined. I assume
in the manner in which Golden Eagle was picking at it
before, sluicing and various separation techniques.

I should know this already, but even with the pit, will
there be some separation going on--what I am getting at
is, there must be a certain portion of cobbles and
boulders which a geologist can just look at and know
that there is no gold in there. You would not want to
waste any effort crushing and leashing those.

Once again displaying my ignorance, but happy to chat
it up.