posted on
Mar 10, 2011 10:51AM
Developing Bellechasse-Timmins Gold Deposit
New Discovery Resulting in a 20KM Mineralized Gold Belt
Message: NR
Holes BD2010-127 and 128 tested the northern portion of the 88 diorite. Hole BD2010-127 (434.0 metres) intersected quartz veined diorite between 73.6 to 434.0 metres with visible gold observed in the core at 385.7 metres. This hole intersected the northeastern extension of the 88A Zone (0.58 g/t Au over a core length of 21.0 metres between 212.0 and 233.0m (estimated true thickness of 9.58 metres). Within this intersection individual one-metre intervals assayed up to 3.85 g/t Au.
Help me out here.....
First off there still is something to be said for all the VG that showed up in many cores and again I have to remined myself of Hoov's statment that drilling for metals is like running a needle through a book and trying to hit some "e's".
That said so is this statment saying that over 9.58 meters averaged .58 and a "single" 1 meter part hit 3.85? So does that mean some other meters hit 2? or 1?
It is hard to interpret this as I'm not a geo and as I see other results showing good 1 meter... like
Hole BD2010-120 intersected diorite with quartz veins over a core length of 57.5 metres from 15.6 to 73.1 metres. The highest assay value from within this zone of veining(the northeast extension of the 88G Zone) is 4.36 g/t Au over a core length of 1.0 metre from 49.0 to 50.0 metres (estimated true thickness of 0.58 metres).
I know this is more near surface but if 4.36 over 1 meter is good then it's 3.85 over 1 meter alright too??
I'm still running with the view that Hoov has taken with the Hydraulic fracturing and that deeper underground this will all make more sense.
The challenges are of course defining this massive amount of land with some deeper drilling and more drilling, but I recongnize the challenges of that still at this point in the game. It is like planning to stand before the Dragon's Den if you don't have your plan and proof of product together you are not going to get a deal. At the same time you have to keep moving forward and to be smart with what $$ you have. So the balance is tricky as you can't starve the family and lose your house either because then you'll lose what you had AND never have a chance to approach the Dragon's.
I might get frustrated, but I neve think for one second that I could look at their data and say drill here!
So I'm one who preferrs the slow and steady to win the race as long as they keep showing me progress and showing me they have a plan. I very much look forward to what they will announce for the 2011 year.
It would also be very nice to see a cacluation from them of how much tonnage they have at this point in the game.
Looking forward to thoughs from those smarter than I as I go back to working on some servers.
D
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