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Message: Golden Mile - Lucky Strike...

Golden Mile - Lucky Strike...

posted on Jul 22, 2009 07:58PM

From KXL website...

"The Lucky Strike vein was discovered 200 m west of the Golden Mile vein during the course of step-back drilling along the central part of the Golden Mile. It was intersected at a depth of 38.5 metres and contains visible gold within a two metre vein width in drill core. Further drilling on this structure has outlined a broad zone of gold mineralization that graded 1.2 gpt Au over 41 metres in hole HR08-137. The Lucky Strike and Golden Mile structures appear to converge at depth, suggesting a potential high grade target where they intersect, and a wedge-shaped region of shallow, bulk-mineable mineralization above."

WHY have they not concentrated on this convergence more?... The only possible drill test of this convergence I can find was released on Jan 22nd 2009...

"- Exploratory deep drill hole HR08-297 was successful in intersecting gold mineralization grading up to 3.49 gpt (0.10 opt) in the Lucky Strike and the Golden Mile structural zones at great depths: 790 metres down hole for the Lucky Strike and 1030 metres (over 1 km) down hole for the Golden Mile, both zones remain open. These intercepts are believed to be part of an envelope or halo of lower grade gold mineralization such as the halos that frequently occur adjacent to higher grade gold mineralization in shallower parts of the same system. These drill holes demonstrate that both the Golden Mile and Lucky Strike structures have very deep roots, which are critical to building a significant tonnage and resource and suggests high grade gold mineralization extends to depth."

Hopefully part of ongoing program.

red911


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