posted on
May 23, 2011 09:04PM
Welcome To The Premium Exploration Inc HUB On AGORACOM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
Message: Very
I had been told that PEM had about 100km of potential mineralized structure now identified as prime targets for drilling, based on all the test results overlayed on top of each other on a map. It had been said that further testing could reveal an even higher number. PEM's 1m ounces of gold has been found on about 1km of the 100km to be drilled. Perhaps there is more to this than we think.
PEM has said that the tests used to create their map of where to drill also showed, with 100% accuracy, potential mineralized structure where they had already found gold at the Friday Petsite, confirming the tests and map.
Using the color coded "Target Drill map" (see the one in this article) of locations where PEM has permits either approved or pending for where they want to drill, and using the km legend on the map, I measure the number of kilometers to be well in excess of 100km, to be perhaps closer to approximately 120 km (+or-). And, further tests could add to this number. This is a significant and noteworthy increase in the potential mineralized structure, above and beyond the 100km number that has been used. It is my guess, to PEM's credit, that they have been careful to use a lower "round" number in describing the approximate total number of kilometers where potential mineralized structure has been identified. 20% more than previously stated is huge.
marwal
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