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Gold/Mining/Energy : Peruvian Gold Ltd. PVO -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (570)	7/16/1998 2:28:00 PM
From: kidl	Read Replies (1) \| Respond to of 892

Just got this from the company: In regards to your e-mail of this morning, the core was not tested for other metals but gold analysis will be done in Vancouver at a later date. Thank you. Mariana Bermudez PS: If the speed of the response is any indication of things to come, we all might be able to breath a little easier kidl

To: kidl who wrote (570)	8/30/1998 4:55:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 892

The size of the leached cap of 1 klik by 1.5 kliks makes it seem large. The grade is good. The average copper in a production porphyry is about .40 per cent. The average gold is about .50 grams or less. If you take those figures and average the depth of intersection at 30 metres you get 132 million tons. This is unfortunately small. If the intersections were in the 100 metre range then we would have a more mineable property. Good gold values would change the situation some. It needs more evaluation and a higher copper price. About 80 large diameter holes are needed to evaluate the property. mailto:echarter@vianet.on.ca