Colombian prospects are expected to yield substantial reserves for AIM listedCMR

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DoobyDave - Tue, 20 Dec 05 :

One or two comments:

1) Sole received trenching sample on northern limb of 4.7m @ 1.54 g/t Au looks interesting, given that it's superficial, but might be supergene enrichment. Not sure if Carlin-type deposits are prone to this; I know it can happen with epithermal mineralisation.

2) Hole PG-002 63.0m @ 1.02 g/t Au from 35.0m looks encouraging, for width rather than grade. A few more holes showing similar results could make this significant.

3) The presence of arsenic and antimony is less encouraging. Antimony can be difficult to separate from gold, though AGD Mining (ASX:AGD) appear to have cracked it in their context, and antimony does sell. Arsenic isn't great news.

The best bit of course is that CMR are not paying for any of this. It's early days, but I would have thought there is sufficient here to keep Asia Gold interested and paying up.

Hopefully we can tempt admc to add rather more educated comment in due course.
DD


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