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Message: Dale is up now

Dale is up now

posted on Jun 23, 2008 08:29AM

Sorry if this is sparse, im trying to type as dale is talking and im missing stuff along the way.

Dale is up talking in his usual not so eventful ways.

But he has a powerpoint he's showing us. talking about all the usal stuff

manitoba explored 1/100 $ compared to redlake on the green belt.

land position is central. if anyone (small companies) found something small, we hope they bring it to us.





sgr2&3 drilled but not figured out yet

kicker is hinge zone.

typically the gold is found in gabrial intrusions but now the hinge is found in ... (something else) but means we dont typically explore that so that means they can start exploring more of this type of structure (which i missed its name).


Dale belives cartwright is a twin to rice lake, lots of open depth possibility.

rice lake was mined in one plunge, and trends against the grain.

last six months, breaking surface. Dumas (not sure if thats contract drillers) is 6 months ahead.

if it wasnt for the subject i think id be falling asleep right now lol. Sorry Dale!

SG1 decline down 600 ft, drilled down to 1200. lots more drilling to do to strech out at depth.

base without high grade and without hinge

150 000 oz / year by 2012

43-101 to include deeper high-grade and hinge

reemphasize cheapest mining cost in world , manitoba beign 2.5 cents per kw (hydro) where ontario is 9.

250 employees with extra 35 contracters.



talking about hinge. geo team layed out a theory that main mine trended along an axes (image on slide) ....had a third proposed axes which turned out to be the hinge zone. bunch of small axes they guessed, have 6 others they want to examine (same rocks same geology) and they expect similar to hinge zone.

model was tradionally thought to be in that other geological formation but hinge zone is proving other wise so there can be much more gold.

Found hinge #4 average width 14 ft, avearge oz 1oz/tonne

0-1200 feet

rock would be worth 800-1000$/tonne, vs 150-200$ per ton traditional.

They think this system persists to 5000 ft and beyond...



showing the longitudinal pdf, showed whole 37 which extend depth by 600 ft... to get 16meter of 0.5 oz/ton being huge.



ok ill start a new thread for more of this. if things dont make sense sorry, im not rereading this.


Jun 23, 2008 08:34AM
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