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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: Wilse who wrote (1256)3/2/1999 10:10:00 PM
From: Jimsy  Respond to of 2514
 
Wilse - heck just take it to the nearest jewellry shop and make diamond rings out of it, fancy pinks, emerald greens, bigger the better.

ADP desperately needs some positive news, and looks like Marum is at least on the looksee.



To: Wilse who wrote (1256)3/3/1999 1:02:00 AM
From: Jesse  Read Replies (1) | Respond to of 2514
 
Mighty good questions, Wilse. I will try to loosely guess as to time
frames, but since I'm not sure, take this with a big grain of sodium!
:^D

Q: I was curious to know how Marum might proceed on good visual results?

My guess is that within days from drill commencement, visuals should
be known and if positive, a second, confirmatory (defining) hole might be drilled, possibly at an angle... (just guessing-- don't know).
Visual reports could, and may, be sent back for an early NR on each hole, but I assume there are exchange regulations that come into play there.

Q: If the Geo. is excited about the core would it then be sent out for petrographic analysis to be confirmed as 'kimberlite' OR do they wait and assay the entire sample?

I would think they'd finish the whole core, logically, which shouldn't take a great deal longer (HQ, 2.5" core to 150m depth or so), then split it, or whatever the protocol, and send the half in for lab analysis, again if that's the procedure. We should then hear back of these visuals as soon as is practical (if so, should be only a day or 2). ??

Q: I guess what I am asking is should we see a series of news releases for various batches/targets or are we looking at a longer wait for the lab to release final results.

Again, good question, and I wish I could answer more concretely. I am under the impression that each hole/target will be reported on. Now, this could mean visuals first, then petrographics within a week or so, then fusion or grain analysis in 2-3 weeks? -- Or it may mean the first NR we get is a petrologic analysis. I'm hoping we'll hear of field visual reports 1st-- guess it's their call, based on regulations, certainty, judgment, etc.

Included in the time frames will be the mobilization between holes, rigs' set-up time, etc., but this has been minimized by the economic-minded preparation of drill sites prior to the actual commencement of the drills turning (mag grids, drill pads/collars etc., already taken care of). Then there's always unexpecteds, too.
- - -
Since the overall drilling program is practising very tight information control & handling, we should all learn together as to this time frame.

Hopefully, we should know more stat!

Regards,
-j
:>