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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (1067)	11/4/1998 5:41:00 PM
From: Bill Jackson	Respond to of 3282

Chief, True it is not square. However they say that 83 is 350 meters NW of 76 and there is one 110 meters to the NNE of 76 and another 100M S of 76 and another 150 meters SW of 76 and these are good holes. I then assumed a 50 meter zone around it and squared it roughly to 500 M on a side. The change from Claude to sn SG of 2.3 from 2.7 will drop the estimate by 20%, although it may well be denser at depth. SG of 2.3 is rare in compacted weathered rock. As I say it is a rough estimate. As more holes come in a better true depth will emerge from the azimuths etc. A pessimistic estimate is as bad as an optimistic one, and there are more of them Bill