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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: Wilse who wrote (1833)	5/18/1999 8:09:00 PM
From: Leigh McBain	Respond to of 2514

Hello all, interesting reading, I guess. An awful lot of words surrounding a little content. But that seems to happen a lot when the personal approach gets taken with the posts being made. Jesse, thanks as always for posting Rick's comments, as well as all the additional sideline work you do. To any and all interested, I do NOT know Jesse personally, I have NOT met Rick personally, I have however read a great deal of Jesse's posts (as well as exchanged some personal messages) and have personally exchanged e-mail with Rick ,as well as having spoken with him directly, on the phone. I am quite certain that they are NOT one-in-the-same person, since that speculation has been made. George, as for the release and today's market activity, I received the release earlier today and am pleased to continue to see strong anomalous numbers. However, from what I can see thus far, there would be no reason for the market to have a "reaction" to today's NR. Just my opinion, but it seems to me to be positive, yet basically filler info. JP, I personally would suggest that you keep your posts coming, some of the most informative responses that have hit this thread have come as a direct result or response to your somewhat more pessimistic view of things. Periodically your approach can be a little more caustic than most comfortably deal with, so you might want to keep that in mind. Just my opinions. Comments desired and welcomed as always. Salut, Leigh McBain

To: Wilse who wrote (1833)	5/18/1999 8:50:00 PM
From: Jesse	Respond to of 2514

Hiya Wilse! Good eye-- that sentiment struck me too. And your comments were well stated, imo! I think you're right; there seems to be an air that more is known or at least largely suspected but must wait as more results come in, such as the next 30 samples' results that were announced today. BTW, the comment that you're referring to, of the prez' re. the potential metals JV out to a major, was posted here: Message 9555648 --------- This is a potentially remarkable discovery... -Cheaply mineable? You bet!! All near surface, over a gigantic area. --- Review re. this deposit/ body: From MMU Apr.23/99 NR: Message 9071130 "A volcanic ash marker horizon located just above P-1 in Target 7D has been correlated with a 1998 reconnaissance drill hole located 8-km away. The distribution of the volcaniclastic rock package has now been defined over a minimum distance of approximately 21-km along one axis. ..Kimberlitic or ultramafic rocks create extreme reducing chemical conditions that would precipitate and capture any metals contained in solutions passing through the rocks." --- From MMU Mar.31/99 NR: "..All three targets are on elevated ground and the P-1 Sequence is projected to outcrop around the periphery of the Naylor Hills, the dominant topographical feature of the area. P-1 is flat lying and its elevation is now precisely known. A preliminary calculation, using an average thickness assumption of 7 metres, suggests that a very conservatively estimated minimum of 600 million tonnes of P-1 Sequence material is available for surface sampling on the joint venture permits. A significantly larger tonnage of P-1 Sequence material can be projected to be available at nominally higher rock strip ratios. In other words, based on recent drill intercepts and the results of previous sampling programs, the P-1 Sequence is a flat-lying volcanic, possibly kimberlitic, layer between 5 and 10 metres thick and is projected to outcrop along the edges of the Naylor Hills in a band varying between 300 metres and one kilometre wide, covering a conservatively estimated area of 30 square kilometres without any rock cover and with virtually no overburden." Lastly, from the prez' comments, May 4/99: Message 9305374 "Regarding the metallic mineralized layer, I should point out that the upper one, and best visually mineralized one is 5 to 10 metres thick. However, there is mineralization extending well over 70 metres in thickness, with some very high numbers coming from samples which did not look very interesting in terms of sulphide mineralization. Early indications suggest that a "thickness of interest" of at least 70 metres has been defined. My guess is that it is somewhat thicker, based on visual observations." - - - - - This is a massive area of deposition we're talking about here. As it is further proved up, and sampled... we shall see! B^D Ciao for now, -j :>