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


To: Errick who wrote (11996)4/29/1999 9:17:00 PM
From: Mike Gold  Respond to of 25548
 
Regarding future drilling:

1)Rumor is that Geodatos has been on site at Lipangue since last Monday. The are doing down hole mag surveys and additional IP lines using a better filter in order to select future drill targets. Sticking electrodes down existing holes makes it possible to check for anomolies at a much greater depth-ie 350 meters from the bottom of the holes. Since the breccia pipe quite possibly extends to 1000 meters down-this only makes sense.

2)Info has to be processed and target selected.
3)More funding has to be secured. Medinah is being creative-it will not involve further diluation in Medinah mining.
4)Get drill rigs in place
5)Bring G. House or another geologist down there to supervise.
6)Start drilling. With any luck at all-we might be drilling again in a month or so.

Weather will be no big deal. Few mudslides and perhaps snow on the Alto might delay things occasionally but no big deal. Lipangue is not very remote and well away from the bad weather that you have in the Andes during the Winter. Cheers