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Gold/Mining/Energy : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Delo who wrote (285)11/21/1998 8:52:00 AM
From: Semyon Kuretsky  Read Replies (1) | Respond to of 405
 
Hello everybody!
Things are looking very good and the key is here: consistency
That kind of pattern allows to extrapolate some very exciting numbers..
2000 ft = 10.5% of total area of 19,000 feet which encompasses
500mm ton of ore.
500 mm * 0.105 = 52 mm tons of ore
52,000,000 * 0.09 = 4,680,000 OZ of GOLD!
52mm * 0.206 = 10,700,000 mm OZ of SILVER
4 holes / 9 = 0.444
If all 9 holes will show the same results we have a potential
(just from this part of drilling) to assume the following:
4.68 / 0.444 = 10.5 mm OZ of GOLD !!!
10.7 mm of silver / 0.444 = 24 mm OZ of SILVER !!!
And this is just from the results of 9 holes which is only 23% of 8.5% of planned drilling area... and this is only 1.9% of the total company claims.
I have to tell you guys, I'm surprised of the total lack of enthusiasm on this board.
This will be change as time goes on..
Good luck to all!!!