Some thoughts on the last assay results for T1
posted on
Jan 22, 2011 11:09PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
DDH Comment From (m) To (m) Length (m) Au g/mt Thickness (m) BD2010-94 98.0 105.0 7.00 0.54 4.01 BD2010-115 134.0 136.0 5.00 0.59 2.85 BD2010-124 167.0 194.0 27.0 2.47 including 167.0 180.0 13.00 4.98 7.41 including 167.0 168.0 1.00 8.20 including 179.0 180.0 1.00 55.10 BD2010-132 351.0 354.0 4.00 2.03 1.69 including 353.0 354.0 1.00 7.23 358.0 362.0 4.00 0.68 1.69 447.0 452.0 5.00 1.15 2.11
BD2010-119 167 174 7 4.84
Holes 94 and 124 are parallel and very close together
except that hole 124 was started further back. Notice
how hole 124 has an intercept of 27m vs only 7m for hole 94.
To me, this means that T1 thickens on the way down at this
end at the Southwest corner.I also notice that they have
not drilled any holes further to the Southwest which means
T1 is open in this direction. This area is very close to the small
road on our property (not the road zone road) and the surface
rights here belong to someone else. We own the surface and
mineral rights where we are currently drilling. I do believe we
have received permission to drill on this other property and I
look forward to seeing how much T1 extends this way. Hopefully,
holes 149 and 150 confirm that T1 extends to the Northeast as
this would increase our tonnage significantly. The one negative
here at T1 is that hole 133 seems to have come up blank for the
T1 zone. T1 can still be open to both the Northeast, SouthWest
and at depth. Still lots of opportunitities to increase tonnage here
so we still have lots of work to do before getting our 43-101 resource
estimate done.
Glorieux