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Re: Crucible401 post# 68

Monday, 08/07/2006 10:57:36 PM

Monday, August 07, 2006 10:57:36 PM

Post# of 936
It is not fully defined. It is at least two veins to 1000 foot depth. Length may be 600 feet, but vein system on surface runs 1400 to 2400 feet. Shear zone containing veins is 150 feet wide by eye, but may run wider under overburden. With one vein, 4 feet wide, 600 feet long, to 1000 feet deep, we may say 200,000 tons. Grade may be close to 1.5% MoS2 recovered.

I am sure they are claiming less.

I took a look at the vein on surface where it is stripped, and walked it for over 600 feet. It is evidently open in two dimensions, down dip and to the west. Parallel veins are known but not the economic character of them.

If moly price keeps up for a few years, I would think that this op may rival or surpass the Quebec operations underground at Preissac that ran during and after the war.

http://www.wildcatresources.ca/roxmark/roxmoly_files/v3_document.htm

EC<:-}

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