Re: nuggety nougat-Hoov
in response to
by
posted on
Sep 18, 2010 02:30PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
One of the big key things for this deposit and why it has stayed a secret for so long does not get enough attention here. I mean, Quebec is a great mining province with many great gold discoveries. How in the world is it possible to miss a whole gold belt, near infrastructure in this jurisdiction for all these decades?
The answer resides in the land owners in that specific area having the mineral rights included in their land rights until 1985 (the exact date needs to be confirmed). No Explore Co would dare spend any money here because of the huge headaches of dealing with each land owner. GNH owned the land and the mineral rights for Timmins 1 and that is why drilling has been done there but the rest of this huge belt is completely virgin from historical drilling. In today's day and age, that is hard to believe but it is what it is and because of this oddity, we are now presented with an unbelievable opportunity that usually exists only in 3rd world countries: A new gold belt, right under our noses all this time. There are many, many mining/exploring people that will be slapping there foreheads saying something like "how did I miss this?".
Once our NRs are out and we attract alot more eyes on our hub, this is one fact that should be included in the information that we make easily accessible to potential investors.
Glorieux