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

To: George J. Tromp who wrote (6118)	6/21/1998 10:31:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 26850

Sounds great. Now do you think that profitable extraction of a 2.47 metre vein with a 15 degree dip is possible? You cannot shrinkage stope it. I will admit for a while it could be open pit mined. But the economic limit would be fairly shallow. Tonnage. 1000 feet down dip and it would have to be 3000 feet long to have 2 million tons and be worth 400,000,000 dollars. That is 258 feet deep in rock at that point and the stripping ratio would be 16 to one. So I would think that they would have to stop before that. Perhaps room and pillar or VCR methods would work. Kinda needs lots of strike length. Like several miles Dicey. EC<:-}

To: George J. Tromp who wrote (6118)	6/22/1998 12:00:00 PM
From: Rick the Vet	Read Replies (2) \| Respond to of 26850

George: Given the value per tonne and the accessibility of the portion of the Dyke that has so far been delineated. Isn't it feasible to mine this source and use the money for further exploration. Excuse a question from a simple layman. Thanks.

To: George J. Tromp who wrote (6118)	6/22/1998 12:37:00 PM
From: harold	Read Replies (1) \| Respond to of 26850

George: A week or so ago I addressed this question to bill, but there was no response. In the light of recent events I would like your opinion of why Aber chose to NOT contribute to the Haywood budget for 1998 and thus reduced their interest from 42.7 to 32%. I would think that Aber would have had the expertise to correctly evaluate the prospect as well as the information of what was in fact going on (inside view?). Did they just screw up? Harold