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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Mark K. who wrote (10967)12/20/1998 3:41:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Mark, From what I read they drilled in the best spots based on geophysics. If the deposit was flat lying and circular and uniform in thickness tapering to the edge they would hit the bullseye dead on.
However deeper lying material will give less of a geophysical indication. I have not seen a plot of the holes, but the text of the release indicates the intercepts that are deeper are also thicker and are in the down dip direction. This may mean there is a chance that if you drill a few hundred meters in that direction you will hit it again and it will be both deeper and thicker. As it gets deeper you lose it on geophysics much like you lose an object in muddy water when you look down on it. Of course it could stop just past the hole, but they say this is elephant country and it is certainly prudent to scatter an arc of deeper drill holes 100-300 meters in the deepening path so far outlined. They will have some geophysics and even an isolated blip may mean a deeper hot spot towards which they can steer the program.

Bill