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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Huang who wrote (14343)	7/16/1998 10:08:00 PM
From: Chuca Marsh	Read Replies (2) \| Respond to of 20681

Old samples and PR were at Maxam...I am going to read over there any one ( off the top remember the LeDooux/COC connection over there last financial year?? ) maxamgold.com So terrified at this ...not is the news BUT for all Naxonians for the DAMN way is is let out to us..TOO DAMN ambigious! Chucaupt2-the stuff is there, I am sure. HERE it is ..it is worth the Bits of Memory& let's HOPE that LeDoux is as fine as Dale Runyon checked them out to be, that ONE fact makes me at ease( Umpire to the Stars and the refiners ): PRESS RELEASE January 29, 1998 Maxam Receives Results from Ledoux and Arranges for Second Chain of Custody Analysis East Peoria, Illinois...January 28, 1998 LEDOUX RESULTS Today, MAXAM GOLD CORPORATION received results from samples of ores sent to Ledoux & Company in October. Following are the results from Ledoux, converted to Troy Ounces Head Ore. Samples were taken from Peoria Seven Pit number 7.and Peoria South Pit number 5. Troy Ounces Per Ton Head Ore Sample ID Gold Silver Pit 7 0.198 0.292 Pit 5 0.187 0.233 Maxam consultants, Hewlett Mineral Management, and Max Cooley performed "chain of custody" procedures on the ores from the two pits to Ledoux. Hewlett Mineral Management reported on the results ".These results are good for gold and silver; typical of many hundreds of fire assays from these sites." Ledoux & Company is a recognized worldwide umpire for analyses between refiners and suppliers as well as between refiners and other refiners of precious metals. SECOND CHAIN OF CUSTODY ANALYSIS UNDERWAY MAXAM GOLD CORPORATION has arranged with Cimetta Engineering & Construction Co., Inc., Tucson, Arizona, to conduct "chain of custody" supervision for 3,000 pounds of ore from each of four locations on the Peoria South property. Cimetta has complete security of these bulk ore samples, and has provided "splits" from each to three Registered Independent Laboratories for Fire Assay, Nickel Sulfide Fire Assay, and Chlorine/Bromine Leach. Cimetta will also conduct bulk leach tests on the concentrates from each of these bulk samples. Results from these analyses are anticipated within the next 90-days Cimetta Engineering and Construction Company, Inc., founded in 1974, provides engineering design and construction expertise for mining and allied industries. Cimetta's impressive clientele listing includes: ASARCO, Inc. Moly Corp. Battle Mountain Gold Montana Resources GSA Resources Newmont Gold Kennecott Copper Corp. Phelps Dodge MAXAM GOLD CORPORATION is proud to have the opportunity to enlist the services of Ledoux & Company and Cimetta Engineering & Construction Co., Inc. as additional independent resources to Hewlett Mineral Management and Max Cooley. SAFE HARBOR STATEMENT Actual results from the above disclosures could differ materially from projection, as results from economic factors, geological factors, operations factors, government regulations or factors relied upon from independent sources, may either negatively or positively impact financial, exploration, or mining progress. news \| properties \| updates \| investor info \| contact \| email