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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Rocky510 who wrote (2692)	2/9/1999 3:32:00 PM
From: Link Lady	Read Replies (1) \| Respond to of 3282

In light of previous posts, this is interesting to read(hear). fin-info.com Barrick Gold Corporation announced today that its neighbouring Pascua deposit hosts a resource of 20 million ounces of gold which they expect to have in production in 2002 at an annual rate of 675,000 ounces of gold and 20 million ounces of silver with initial cash costs of U.S.$125 per ounce. Argentina Gold, with a diatreme system several times larger than at Pascua, higher-grade resources, oxide resources versus sulphide resources, over 5 million ounces of gold and 150 million ounces of silver already defined and less than 30 percent of the project area explored, has the potential to surpass Pascua in terms of economics.