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

To: Geoff Coates-Wynn who wrote (11714)	4/27/1999 5:20:00 PM
From: Mike Gold	Read Replies (1) \| Respond to of 25548

Geoff, you need to look at the whole column as it would bulked mined-I don't think it would make any sense to just mine the small high grade intersections. I think the numbers are similiar to what is being mined at the Refugio gold mine owned by Bema (Will have to double check) with the addition of the copper. Considering the prime location of Lipangue, the overburden, and the combined gold/copper values-I think it is extremely likely the despoit is economical. The key, of course of any bulk deposit is the tonnage-water cooler estimates I have heard exceed a billion tons which would be extremely unusual for a gold porphyry but in line with Chilean copper porphyrys in size. As I stated before-Lipangue seems to be a copper porphyry in size but contain economical levels of gold-sort of a hybrid. The only other example I can think of in Chile like this might be Rock Resources property. Hole 9 I think was drilled 25 meters North of hole 6 or near the top of the pyramid shaped minerlization pattern. I don't have a map in front off me so don't know of hand where the 100 x 100 area came from. I hope this helps.