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Gold/Mining/Energy : MILL CITY MIY-V -- Ignore unavailable to you. Want to Upgrade?

To: MZUBOZ who wrote (440)	4/1/1999 12:22:00 PM
From: VAUGHN	Respond to of 707

Hello MZUBOZ I thought SUF's characterization of 30 targets was unusual as I doubt they would refer to Mag/Em anomalies as "targets" unless they also gave a similar reading to those already found and were coincided with lakes. Ice out is two to three weeks later at Yamba than at Munn, the lakes are generally small and as such targets can be drilled all summer/fall. In addition one or two of the existing pipes are atypically larger than those found on the DMM ground to the south and TAH ground to the north. One rich one in that 5 to 8 hectare range, and it will be sufficient in and of itself to mine. If close enough to one of the existing pipes with marginal grades, they may also be mined for additional feedstock, and the strip ratio on a larger pipe makes it even more economic even at lower grades. I like the Yamba property and always have. I tried to talk SUF into looking at it three years ago, but for various reasons they did not want to. It is prolific and in a prolific area of proven pipes. The news from Yamba all summer should be exciting and continuos, unlike that at Munn. Regards