Re: Charts & Comments - Khan 21 Zone
in response to
by
posted on
Sep 05, 2013 10:34AM
Saskatchewan's SECRET Gold Mining Development.
via Bing Maps - Khan 21 Zone
If you know this company well, then you know to look for serious omissions in factual statements to date. For instance, how did the company accumulate $26m. of losses for the previous fiscal year? ~$20m. was due to the agreement with Procon, because it had been negotiated in the previous fiscal year, although the agreement was counted as occurring in fiscal 2014.
That leaves ~$6m. to account for. $6m. of stockpiling in a year is an immense amount ore. You might assume that the sum total of stockpiling since May 2010 could be included in this figure. They would have you believe that they've only been stockpiling for five months.
Another huge omission is the Jolu/Alimak Zone known historically as the Rod Zone. The Decade Mine is considered to be the Mallard Lake zone. (See Link Library)
Another zone, where the most drilling had gone on unreported, aside from the area around Mallard Lake, Komis, Upper Waddy Lake, was the historical Khan 21 Zone.
This is a 3km shear with several known gold showings, where the least amount of information is available. In Bing Maps, you can see trails going through the brush, and numerous dual drill pads. What is presented is the May, 2013 view of the ground for this panel.
If you switch to Bird's Eye View, you get the previous April, 2012 view where the trails come into relief against a spring snow cover. You will see that this shear measures 3km in length.
-F6