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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: c.horn who wrote (5686)4/28/1999 8:21:00 PM
From: Gordon Gekko  Read Replies (1) | Respond to of 5908
 
What happened to the assay results from holes 1-4? Forgotten or will they submit them after holes 5 and 6?

GG



To: c.horn who wrote (5686)4/29/1999 9:07:00 AM
From: Tom Frederick  Respond to of 5908
 
Mr. Horn, I have done a bit of research in this area and as I understand it, the standard is to do 10 foot sections for the testing. They will pulverize the section, mix the material and make splits for retesting at a later date if they need to. In with the splits should be blanks which will be tested blind. In other words, the lab gets maybe 100 splits of which 5 are blanks, for example. They don't know which ones are blank, so when the tests come back, the blanks should come back with zero PM content.

This can take a few weeks to get done, but again it all depends on how busy the lab is and where IDCN is in line with other work being done.

But the only conclusive value in the assays is if the drilling is done independently, the splits are made independently then sealed and then when the splits arrive at the lab, the seals are broken and then the material tested. That is the only way to know for sure where the material came from, that it was not touched from the time it came out of the ground to the time it went to the lab, and that the lab was the first to open the sealed containers. That creates COC (chain of custody) all handled by third parties and THAT means reliable results.

IDCN may want to do their own work first to see if it is worth the money to pay a third party to do all that. It all costs money and it makes sense that they have something worth paying for.

Waiting patiently for gold or gas!!

Tom F.