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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Johnson who wrote (557)	12/19/1998 2:40:00 AM
From: Shaun M. Dykes	Read Replies (1) \| Respond to of 708

Difficult to say how this will develop at this time. I've seen the news releases on the Marmato Gold/Silver Project in Columbia and numbers look interesting, but it seems that there still a lot of work to do to determine the size and grade of the deposit(s)/zones and how they connect and relate to each other. I'd be interested in finding out how deep the oxide material extends. Need to see some plans and maps to determine how everything fits together. That will give me an idea of potential tons and grade and from that an idea of the economics. As an example, due to todays gold market price, we've been searching and working on deposits that are capable of producing gold for $180 U.S. or lower. For heap leach operations this usually requires an average grade 2 to 3 gms, of course the higher the better. I'll see if I can get a hold of some maps and plans after christmas, and see how this compares with other properties. Shaun.