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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Gold who wrote (9470)2/26/1999 7:54:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
The Economics of Copper-what you should know!:

Here's some links from our friend The Chief. The second set of links is a newsletter recommedation for Rock Resources. The ROCK stuff makes good reading-however-the author of the newsletter does a very good job in explaining copper economics/porphyry's/Chile-all in one neat little package. I believe the visual indicators of copper crystals in the hole #3 makes it likely that it contains greater than 1% copper.(we will just have to wait for the assays for the gold content!)

Message 5946733

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To: Mike Gold who wrote (9470)2/26/1999 8:06:00 AM
From: Handshake™  Read Replies (1) | Respond to of 25548
 
Mike its that damn Viagra....Figured ya had to take a pill per inch, I had to take the whole damn bottle and the drug store owes me some. I have no problem with the IP's and what Medinah may have donw on the property. I'm just preparing my investment as well as those that frequent thr A Go - Go to watch out for the pot at the end of the Rainbow that maynot be there...It may or It may not. Nothing wrong with that is there?. ...Lets keep both feet on the ground that way no one gets crushed in the process!!!!

:-)



To: Mike Gold who wrote (9470)2/26/1999 8:50:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 25548
 
Some more neat geology stuff to ponder!

"The vendor of the property(Quijano) reported he had attempted to diamond drill the breccia pipe in the late 1980's. The diamond drill was mounted in a pickup truck, so it was not a large drill, and it broke down after penetrating to a depth of 37 meters. A piece of drill core from this hole was examined and showed altered, sub-rounded GRANODIORITE fragments upto 20 cms across surrounded by quartz crystals in a matrix of pyrite and chalcopyrite. The site of the drill hole was found during the mapping program and is located close to Trench #3, adjacent to the hydrothermally altered granodirite mapped in the trench." For those of you who have a map from the report-this hole was located probably just South of Station 600 about half way between IP Line E and Line F. It was reportedly drilled at a sharp angle.(Each IP line runs N to S and are 200 meters apart W to E)

"Evidence of a large diameter reverse circulation drill hole was found beside Trench #1, the trench at the center of the breccia pipe. The plastic sample bags of reject samples were stored nearby, they are now broken and weathered and the small quantity of material around them suggests the drill hole was relatively shallow. This was located at station 600-Line E. It appears to me the previous drillers didn't like what they hit and gave up. The best I can tell, MDIN's hole #1 was a 70 meter hole near this old recirc hole. MDIN drilled the hole there because it showed the most intense alteration of rock at the surface. Unfortunately, they didn't realize that just below the surface was Andesite which in this case was not a good host rock for minerlization.(Note: It makes good reading to look at the Los Das Marias Report at this point-look at where the minerlization is there in relationship to the Andesite-neat! medinahenergy.com ) We may still get good assays numbers from this hole-but not the specutacular numbers that I suspect we will see with Hole #2. Hole #1 may, in fact define the Western boundary although I'm not clear on this-Line A has high IP returns-well West of this Hole. Also surface geology suggests the porphyry goes another 100 meters further to the West-but then we have the problem of the Andesite. If you look at the geology field map, the contact at the surface between the Andesite on the West and the Grandiorite on the East meanders around Line E running from SW to NE then N then W. The contact below the surface is apparantly shifted to the East Slightly-ie-the Andesite dips towards the East.

Hole #2 I believe was drilled at station 600 probably just East of Line F or about 200 meters East of the first hole. If you look at the IP at this location(refer to Fig 8.11 bottom chart)-it shows the anomoly they drilled through. I believe the 70 meters of visible minerlization is the supergene enrichment blanket zone.(See my research thread for the post of this phenomena.) Undernealth this zone, I belive you will find the typical low-grade-bulk minerlization found with most porphyry's. Whether the zone below the 70 meters contains economical grades of minerlization remains to be seen. In any case, I believe minerlization remains open to depth. Despite what MDIN says in the press release about this defining the Eastern boundary of the porphyry-if you look at the IP results-more polarized bodies with assoicated silfication exist at Line G and Line I-several hundred meters EAST of Hole #2!

Hole #3 I believe is being drilled in between Hole #1 and Hole #2 or near the old Quijano core. They began this hole Tuesday evening. I suspect it will be completed Saturday/Sunday to a depth of about 300 meters. Due to the type of drill being used, it is unlikely they will drill any deeper at this point regards of whether they continue to hit minerlization or not.

Hope this note gives a little more insight on the drilling done so far. The accuracy of the above remarks are questionable as always! I will continue to refine what I know as MDIN releases more information.
Cheers!