SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (1830)12/8/1998 1:34:00 PM
From: Neil Irwin  Read Replies (1) | Respond to of 2346
 
Don't forget that Lejano looked better than Bacon, at least according to the last round of drill results. They drilled Bacon first due to the Spring thaw. It would be interesting to see how the two sites play out. Even if Bacon is low tonnage, they might be able to truck the high grade stuff 150 km for processing at Lejano. Conversely, they may want to process it on contract at the adjoining Manantiel Espejo, if that gets developed.

I'm not disappointed by the release, and this is a tough market these days. I am looking forward to the results from Lejano and Ciclon West.

Neil.



To: Elizabeth Andrews who wrote (1830)12/8/1998 1:53:00 PM
From: Daytek77  Read Replies (2) | Respond to of 2346
 
Show me where this "explanation" comes from when you read this release?

Dick Walters says that the potential is unknown at this time. They have only drilled off a 250 meter section of 1.5 km zone so your comment is inaccurate.

Here are Dick Walters comments, maybe you should read them again.

"Observed Richard Walters, Yamana's Executive VP and Chief
Operating Officer, "I am confident that we have found a
commercially viable silver deposit, the magnitude of which is yet
to be determined. Much of the near-surface precious-metals
mineralization has an in-situ value exceeding $500 per tonne, and
that can be classified as direct shipping rock." He added that
potentially economic mineralization is known to extend to at least
65 meters downdip in one or more sections of the quartz vein."

It's obvious your bias blinds you to facts, which is the only thing I am interested in.