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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: gemsearcher who wrote (3375)5/16/1999 2:49:00 PM
From: Gord Bolton  Respond to of 7235
 
Good morning Jim and Gem,
I recently received an update package from SUF which included a map of the Marsfontein property with the soil and gravity anomalies mapped out to scale. I just checked the website and the map is attached to the bottom of the March 31st NR. Just flip your monitor on it's side to view it.
The soil and gravity anomalies outlined so far form sort of a cross. The pole of the cross stretches 5Km, nearly the entire length of the property with the M6 at the top and the M12 at the bottom and the M11, M10, M7, and M1 inbetween.
M3 and M5 form the arms of the cross (2 Km)with the M1 inbetween.
The M1 magnetic signature is roughly circular with an irregular body attached which stretches almost to the M3.
The M5 is roughly circular and appears to be the largest signature on the property.
What is even more interesting is that the pole of the cross is more or less in line with the Dornriver Fissure to the East and the Leopard Fissure to the West and the Pruissen Pipe much further to the West or at least 25 kilometers in length.
On a larger map Venetia is to the North, Premier is to the South and Helam (all large diamond mines) is to the West and roughly in line with the Leopard fissure system.

With regard to estimated 2Q the actual results may be significantly higher depending on the grade of the various gravels that are available and the ratio of M1 pipe material processed.

The M1 will become just a little more difficult to mine with depth, while the gravels are very easy to scoop up and run through the plant very quickly. What may be lost in grade may be made up for in increased throughput. There is also the possibility of super enriched gravels which would be just fine by me. I sincerely hope that my estimates are low by a full decimal point!