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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?

To: Mike Gold who wrote (307)	11/14/1998 8:24:00 PM
From: Mike Gold	Read Replies (3) \| Respond to of 1996

Chief, some comments about copper... You posted on the Medinah thread that a good copper deposit has 2% copper, that 1% is acceptable, and that you should be concerned with .6%. Well, in the company literature, it makes many, many comparisions between the Coiron property and Los Pelambres and El panchon. As it happens, the Los Pelambres has an estimated 3.3 Billion tons of copper ore grading 0.63% copper. The El Pachon has estimated .86 billion tons at .63% copper as reported in the company literature. Some comparision! In your opinion, if Coiron ends up grading only .63% copper, is the deposit even economical in today's low copper prices? What's your thoughts on this and why would Coiron have higher copper values than Los Pelambres? Thanks. (To all luckers-not trying to bash RKR-on the contrary-think the company shows excellent potential-just trying to get answers to obvious questions before I invest.)

To: Mike Gold who wrote (307)	11/15/1998 3:36:00 PM
From: the Chief	Read Replies (1) \| Respond to of 1996

Hi Mike! Sure making my job here difficult <gggg> .......It includes a map that clearly shows the copper/gold veins in relation to the breccia zone. This is a pre-exploratory map and does not include the 200 metre strip they unearthed while building the road to the top of Coiron. The 200 metre wide strip has visible gold and was near the top of the mountain. In fact, when the road turned back, they uncovered it the second time. All the reported findings since drilling are not mapped at the moment! In regards to the overburden, the investor package clearly indicates signinficant overburden is present over the suspected porphyry. There is a sketch that compares the Corin to the Los Pelambres which clearly shows the an erosional level coparision-the Los Pelambres caped is significantly thinner than the Corin. I didn't see where you came up with your over burden info.,/i> Unfortunately that drawing is also dated. This was Ostlers impression at the time. He feels the explosion breccia is more "domed" and comes fairly close to the surface at the peak of the dome! In regards to the drilling that has already been completed. I checked the coordinates of the drill holes to the geology map provided; looks like the drilled right down where the surface features indicated is the center but the results where dissappointed. This to me means that we either have just a plain vanilla copper porhyry or my theory that the intrusive has been displaced to the SE is reason that the drill results missed the porphyry. What do you think? No, infact they clearly drilled on what ostler believed was the fringe of the deposit. The IP will be the key! If he is right then the IP will confirm it! the Chief