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


To: Douglas Lapp who wrote (3921)5/31/1998 6:34:00 PM
From: Claude Cormier  Read Replies (3) | Respond to of 34075
 
<<The President of this Company is preparing his Company for larger scale production>>

Doug, you initiated this thread some 18 months ago, so I guess you know this company inside out.

Allow me a question.

The December30, 97 SEC filing mentioned negotiatiopns on a Open pit mining contract with Ingenieria de Servicios Professionales (ISP) to operate a pit on 24-hour basis with equipement to be supplied by both MINE and ISP. The equipment will have the theorical capacity to move 8000-10000 tons per day. COmments by the geologist are that production of 500 to 650 ounces per day is possible with this throughput and based on a headgrade of 2g/t.

Can you tell me more on the plant site that will process this ore. What size it has? Who built it ? How much they paid ? When ?
Does it belong to MINE?

As well, do you know the distance between the plant site and the Cueva Playa deposit, which the deposit to be open pitted.

Thanks.