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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: J. Nelson who wrote (6180)9/16/1998 2:24:00 PM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
Jim, the 700 meters drill depth is comparable to the big Aldebaran deposit with the 20 million ounces of reserves.(Note the Aldebaran deposit is about 3 miles high in the Andes and the grams Au/tons is way less than 1g/ton making the economics of it questionable-also no water.) I believe they drilled down to 1000 meters with that deposit.
A "placer deposit" is generally 30 or 40 feet thick at most-you generally don't diamond drill those.


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