Re: I attended the AGM - April 7, 2010
in response to
by
posted on
Apr 08, 2010 02:27PM
Cougar Minerals Corp. is an exploration company engaged in the acquisition and exploration of natural resource properties in Alberta, Saskatchewan and Manitoba.
Yes, thanks Fred.
The March sedar update just mentioned PFG drilling. I suppose there couldn't be a 'yes' or 'no comment' to the visible gold question - 'no' is the safe answer. Hugh Wynne has something like 12% of shares.
I read through all the claim info the other day, and was again impressed with the potential and work approach.
According to the imporant factors identified in the geological reports, and seen on the maps, all four locations are near or on key major faults, and near or on the meeting of two major assemblages and/or Mesoarchean / Neoarchean volcanic rocks. Good surface grades all around, little work previously done, and the indication that in places the surface sulfides (and tested gold) had been depleted.
Conley assessment was different from the other three in terms of geology, and the following I found interesting
Recent geological advances have shown that the geological and structural setting at the Conley property has analogies to the High Grade Zone at Goldcorp’s Red Lake Mine, and suggests that the main potential on the property is for gold-bearing quartz-carbonate veining within mafic rocks that are untested by previous exploration work. These mafic rocks are stratigraphically younger, but structurally underlie the carbonate/chert horizon.