nevada project
posted on
Jun 11, 2010 05:51PM
Ashburton Ventures is a Canadian based junior exploration company trading on the TSX Venture Exchange.
Gold prospecting in Nevada is my kinda game. It gives the little guys on a shoestring a shot at dinosaur hunting.
I watched as my associate, Scott Baxter turned his Tone Resources from an underfunded junior into a viable operation and was bought out by a major.Hurray for the little guy
You say lightening rarely strikes twice,(Scott is not involved here)…..but the rules are different in Nevada. If you throw out politics and the games played by the big guys….gambling, even on a potential mine comes with many advantages.There is no 97% payback like at the states tables…but the jackpots are there still to be won.
Some advantages of mining in Nevada that come to mind
Expertise and cost effectiveness is unparalleled and inexpensive as compared to hard rock mining and building camps, flying in work crews and accessing the property.
There is always a mill nearby that test bulk samples can be trucked to and processed in the exploration stage, and the technology to extract the valuables is unsurpassed…tried tested and true.A lot of variables and x factors that blindside many juniors in other areas are not happening in this state.Not having to bare the cost of building a mill and contracting the ore, especially in the early stages is a deal maker in most cases
The other major factor is when it comes to removing the overburden…its easy….sand. They just build a pit in the desert, no ecologically focussed concerns and get at er.
Ashburton management knows all this and has a very good prospect here at Deep Creek.It has excellent historical gold values and beginning next weekend, a six hole program commences.
Should significant values be encountered, access to capital is not such a teeth pulling project as it would be in other jurisdictions.
Expect speculators in the gold game to come into the market shortly . Seasoned players recognise the risk/reward ratio is in favor of the earlybirds. They get the advantager of an all time low and will be able to take profit all the way up as gold bugs join the game
Results could be expected to be in the 5 to 8 week range, which is a very short period for a looksie
Go to the website and check out the gold values and tonnage probable figures……use your noggin and you will stay afloat in the pennies game
royrogers
marketcents.com