posted on
Oct 31, 2010 09:51PM
Developing Bellechasse-Timmins Gold Deposit
New Discovery Resulting in a 20KM Mineralized Gold Belt
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The way I understand it, in the past, many glacier formations up to 2 km thick moved in many directions thus eroding volcanic rocks below containing quartz and nuggety gold in it. Placer gold deposits were then formed in the process.
Uragold Bay http://www.uragold.com/Site/Beauce_Placer.html owns quite a few placer gold claims in Beauce area. I have been told that bigger nuggets were formed after large amount of tiny gold flakes bonding together. As an example, take a few lead shots and hammer them together, they will bond in a unique piece.
Golden Hope is going after gold inside rocks witch I believe being the source of all that placer gold being carried out in old riverbeds and in our present one.
Would you choose random placer gold deposits that quite a few tried to mine into a profitable operation in the past or go for the source with huge tonnage of gold hosting rocks?
As an investor, I'm targeting huge gold bearing tonnage that could be mined.
GNH team, keep up the good work.
Panning4Gold
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