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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (775)7/15/1998 4:09:00 PM
From: Stew  Respond to of 2514
 
He posted it yesd'y.
Stew



To: bill who wrote (775)7/15/1998 4:15:00 PM
From: Jesse  Read Replies (2) | Respond to of 2514
 
Hi Bill. Yes, that is from the Resource Indicator 'Alert' SK put out last night/ today on Marum. Someone posted it to this thread, though I am not sure if with the author's permission (post #771):
Message 5197842
- - - -
'TRI', The Resource Indicator newsletter, has a website for more info:
goldsheet.simplenet.com

Regarding yesterday's MMU news, Sudhir Khanna of 'TRI' also wrote:

The news release this morning confirms my speculation and is strong technically but of little promotional value in this market.

-Khanna goes on,
The volcanic ash also yielded a fragile fragment of a mantle derived "ascent granulite" containing two types of pyroxene and a garnet. This provides an independent confirmation of a nearby deeply sourced volcanic pipe. The granulite was recovered from within the ash that is about 85 million years old.
[-Roughly the same age as Ashton's AB pipes.]

...Marum has shown that its properties in terms of geology, indicator mineral geochemistry, and age, are similar to the Buffalo Head Hills area.
...The exploration results accumulated to date point to the existence of a nearby ultramafic, probably kimberlitic, source for the volcanic ash and sandy tuff units.
...This release is very positive technically but inconclusive to the market. It also does not offer what speculators are searching for - a kimberlite pipe... MMU is not well known and not in the general market's radar screen. It needs to get speculators attention (so that they can review the progress to date)...

______
Regards,
-j
:>