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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (956)3/16/1999 10:22:00 AM
From: Mike Gold  Read Replies (1) | Respond to of 1996
 
Couple of comments Chief!
Rather than using the 1% copper-I would use 0.63% Cu-same numbers used at nearby Los Pelambres and El Pachon. Just makes your estimate a little more conservative. What will be interesting is the gold content of the copper porphyry. All billion ton porphyrys in Chile have low gold content(I can think of one possible exception. :))-I agree that the geology suggests there is good potential that the ROCK will break the mold. Won't take very much gold concentration to make an incredible find when you are talking billion tons of ore.(Yes I think this deposit is in the billion ton range.)

What do you think the IP anomoly is indicating? Is it showing the whole porphyry or just the minerlized breccia zone? If the rumor is true, and the anomoly is close to the surface-suggests the breccia zone. Would mean the underlying porphyry could be considerbly larger than your stated dimensions at depth.

Any clue where the 3 previous drill holes were in relation to the IP anomoly? Thanks!