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


To: Elizabeth Andrews who wrote (2827)2/18/1999 11:16:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 3282
 
Amable Target
Hole 108, collared 10 metres east of hole 80 and drilled vertically, returned a long mineralized interval of 304 metres of 1.53 grams per tonne gold and 26.44 grams per tonne silver, including 162 metres of 2.46 g/t gold and 41.72 g/t silver. This hole indicates the possible deeper extension of the mineralization between holes 80 and 93 with similar grades.



To: Elizabeth Andrews who wrote (2827)2/18/1999 11:30:00 PM
From: teevee  Read Replies (2) | Respond to of 3282
 
Elizabeth,
It is common knowledge that Barrick has very recently become some what sour on the adjacent Pasqua project.....If that one gets shelved(and it looks like it will now), the folks at ARP better pray for results that will make Barrick reconsider....at this point in time, its just become another interesting drill play that might not make it....prognosis: there is still good money to be made shorting this doggy....and heading into the winter season....the big gap will be filled.
regards,
teevee



To: Elizabeth Andrews who wrote (2827)2/19/1999 12:21:00 PM
From: LaFayette555  Read Replies (2) | Respond to of 3282
 
re 'if they drill anymore holes like 108 they may as well shoot
themselves'

160 meters of 2.5 g/t these are good results, this IS a stepout hole on Amable.



To: Elizabeth Andrews who wrote (2827)2/19/1999 1:12:00 PM
From: Mr. Oil  Read Replies (1) | Respond to of 3282
 
Elizabeth I don't know why you think drilling holes with large intersections of grades from 1 to 2 g / tonne is shooting oneself in the foot. Even a blank hole doesn't do that. It merely defines the boundry. ARP management are defining both the volume and parimeters of the gold/silver at Valadero so drilling is both necessary and helpful. Unless you know some other way to establish what is in the ground? Just think of how much money you could make with a cheaper and more accurate means of defining a gold reserve!

Ray