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Gold/Mining/Energy : Black Swan -- Ignore unavailable to you. Want to Upgrade?


To: John Fairchild who wrote (3134)3/20/1999 2:13:00 PM
From: John Fairchild  Respond to of 3186
 
I have been trying to get a handle on the grading of these gravels. Some of my conclusions (assumptions) from news releases to date are as follows:

So far the sampling has been from one paleochannel that lies 20 metres above the water table. Assumption base on Jan 12 NR re work plan prior to end of rainy season.

Plant recovery so far have been only the very large diamonds. Excluding the 6.85 carat stone in the last NR the remaining 17 stones averaged 1.5 carats.

From March 8 NR: Further additions to the plant will be made shortly and will permit the recovery of smaller diamonds and gold.

John