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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (9871)	11/27/1998 3:11:00 PM
From: 1king	Read Replies (2) \| Respond to of 11676

Vaughn, 1) As big as I would like to think the Mining business is, the Oil business is that much larger as you know. The logistical problems I referred to could all be overcome EXCEPT for the money. Tough to get a $1,000,000+ geophysical survey approved when the EM is working fairly well and we had an excellent operational grasp on the incoming EM data. My argument was that it is the "cheapest" way to explore a cubic kilometer (1000m x 1000m x 1000m) of rock with 50m resolution, IMO:-) 2) That tree trunk can be 5km's deep with orebodies at any level. The economics of a new program usually dictates that the exploration come from the surface down. So the problem is discrimination within the extensive electrical noise in all these systems. That is where the GP earns their pay!! At SVB this only really started this year and it has yet to be completed over all areas to depth of 500m. What you are saying is essentially correct. It is just that there are subtle complications on the EM that can make chasing EM anomalies, especially at depth, a very expensive exercise. Presumably the conductors ARE related to the mineralization in question but there can be some "boomer" anomalies from a few percent(~5-15) of well-connected sulfides and from massive sulfides with <0.5% Ni-Cu. 3) Talking to the senior DML people they had never heard of any flow fabric indicators, if indeed they exist. They are not privy to the latest info from VBN so unless they came up with it very recently on their own they are without such tools. In my discussions with DML technical staff they expressed no interest in that particular area. Tony Naldrett has been working on the SVB project for sometime so maybe him or Chusi Li have come up with something recently?? Teck may have also done some independent work very recently? Regards, 1King