Significance of holes 172 and 173
posted on
Feb 23, 2012 09:27AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
These 2 holes were drilled to test the north east limit of the deposit. They were both successful in hitting mineralization:
BD2011-172 114 122 8 0.63 BD2011-172 164 185 21 0.93 BD2011-173 23 83 60 0.90 including 23 31 8 0.94 including 47 61 14 2.80
Since both holes have collar locations that are 100m apart and they both hit, this area should add
significant tonnage. However, we do not have enough drill holes to this side of the deposit
to include these results in our 43-101. The company also admits that:
Holes 172 and 173 confirmed mineralization at depth. This area of the property will require further work.
The surface distance between hole 157:
BD2011-157 1.2 69.0 67.8 0.53 0.53 Including 8.0 24.0 16.0 1.01 1.01 Including 58.0 69.0 11.0 1.12 1.12 94.0 123.0 29.0 0.66 0.66 Including 106.0 123.0 17.0 0.83 0.83 177.0 237.0 60.0 0.52 0.52 Including 179.0 188.0 9.0 1.53 1.53 333.0 382.0 49.0 2.53 2.05 Including 333.0 339.0 6.0 10.13 9.07 Including 354.0 358.0 4.0 10.27 6.02and hole 173 is 313m. If we go to the end of zone 88, we have 470m in the other direction.
Now this is not all mineralized of course but is the surface area that we have drilled the most.
What it tell me is that we have lots more drilling to do and the original RE has the potential
to be significantly increased over time.
Glorieux