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

To: Claude Cormier who wrote (3902)	5/30/1998 3:35:00 PM
From: Diamond Daze	Read Replies (3) \| Respond to of 34075

Here it is right from their own pages....if you check them out.. 1/2 gram per ton forget it.... 200 kilometers x 30 kilometers... <<here is rather large NW-SE regional trough, 200 kilometers long by 30 kilometers wide between the Ortho-andean and Para-andean ranges of the Cordillera Real range, which is a northern section of the Oriental Cordillera range (See, Attachment 1, Figures 3, 4 and 5). This depression has been formed by igneous intrusions and epurogenic movements during the early Jurassic (Hercinic diastrophy) and Miocene periods. With its related tilting of the sediments uplifting their eastern part, together with their strong folding and longitudinal and transverse faulting, it produced a graben structure. During the late Miocene to Pliocene this narrow depression, with Devonic and Ordovicic slates, phyllites and schists at its bottom, was filled up by the products of the weathering and erosion of the uplifted parts of the Cordillera. In this way, the gold-bearing Cangalli Conglomerates were formed. >> <<The resources previously estimated for the claims under the Company's subsidiary's control at Cangalli were calculated with a conservative average grade of .500 g/m3. This calculation, on the basis of the sampling program reported in this report, will have to be increased by approximately 28 times, for an average grade of 14.049 g/m3 of gold. Using the definitions set out above, and the overwhelming evidence of geologic continuity, it is my opinion that the portion of the Cangalli claims that I studied, which would have been in any event less than half of the claims under contract, contain an Indicated Resource of 60,771,704 troy ounces of gold and an Inferred Resource of>>> Man I sure hope their new report can show us 1.7 grams per ton for 1/3 of this property....Cheers