Re: Bulk Sample?...
posted on
Mar 04, 2010 11:14AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
h_rattle:
This release from CAJ-v today (below) sparked my question re: bulk sample... no resource... no where near exploration completed as KXL on Golden Mile... no problem to get permits to sample and they did... I guess there is more than one process to follow.
red911
Canasia completes bulk sampling application at Clone
2009-12-23 07:40 NT - News Release
Mr. Graeme Sewell reports
CANASIA INDUSTRIES CORPORATION: BULK SAMPLE UPDATE ON CLONE GOLD DISCOVERY
Canasia Industries Corp. has been notified by its partner that the application has been completed for an initial bulk sample operation on the Clone gold prospect. The Clone gold prospect in Stewart, B.C., recently returned grades as high as 44.75 grams per tonne (g/t) over 12.8 metres (announced in Stockwatch Oct. 22, 2009). Approximately 10 tons of samples have been gathered to date and were shipped for processing.
Negar Towfigh, president of Canasia, stated: "The results for the 2009 drill program on the Clone were the best that Canasia has drilled to date and the drilling was near surface. This initial bulk sample may assist Canasia in further defining the size of the potential deposit and it may also aid in possibly generating initial revenue from the Clone prospect. Canasia plans to conduct a larger drill program in 2010 on the Clone prospect, than it did in 2009, due to the results achieved this past drill season. We are continuing operations on the Clone and we also anticipate being active on multiple other prospects in early 2010.
We seek Safe Harbor.