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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Chas. who wrote (6087)	6/16/1998 11:50:00 PM
From: E. Charters	Respond to of 26850

Sampling as I pointed out does cost that much. Highly efficient underground production from an underground vein could hold at about $40.00. Milling costs would be trivial. They have the grade. It will be a cliffhanger to see if they have the jamola to take it to feasible. I intend to test perhaps 5600 tons of alluvial ground in a two week blow out. It will cost me 55,000 all up. Well that is $10 a ton to run sand! But alluvial production would run maybe $1.00 a ton or perhaps much less! But exploration is exploration and the expenses are not commensurate with minimized production costs. echarter@vianet.on.ca EC<:-}