The 007 vein the deeper it goes the richer it gets
posted on
May 22, 2010 05:35PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
This seems to be how the 007 vein is shaping up. The 98 vein and other veins that are with in 150 mtrs(500ft) of the RL east may also be a part of this vein structure. If that is the case the the 007 vein would have a cone shape with the top or narrowest part of the cone being at surface. If this is the case then to estimate the number of ounces is not just a matter of calculating the area as presented in the updated 43-101 down to the 1350mtr (4500ft) but you would have to take into consideration the expanding area of the vein as it goes down dip. This would increase the number of ounces considerably. The deeper it goes the richer it gets.
The area between 325 mtrs (1070 ft) and 1160 mtrs (3800 ft) has had no drill results released to date.
There is so much more to this San Gold than we can actually speculate on. But it is a definate hold long term and it is a great trading stock while it is on the venture exchange.
007 Hinge zone | Hinge | Zone | ||||||
Date(newsrelease) | ZONE | Drill Hole # | Grams | Oz | Depth | Depth | Length | Length |
3.3 | Mtrs | Ft | Mtrs | Ft | ||||
November 23,09 | ** | CD-09-001 | 2.4 | 0.07 | 294 | 967.26 | 1.6 | 5.26 |
oo7 | ||||||||
** | CD-09-007 | 1788 | 52.20 | 290.3 | 955.09 | 2.1 | 6.91 | |
February 3, 2010 | Repeat | CD-09-001 | 2.4 | 0.07 | 294 | 967.26 | 1.6 | 5.26 |
oo7 | CD-09-002 | 2.4 | 0.07 | 322.2 | 1060.04 | 3 | 9.87 | |
CD-09-003 | 28.8 | 0.84 | 314 | 1033.06 | 4.5 | 14.81 | ||
CD-09-004 | 8 | 0.24 | 321.4 | 1057.41 | 2.3 | 7.57 | ||
CD-09-005 | 2.4 | 0.07 | 294.7 | 969.56 | 1.8 | 5.92 | ||
CD-09-006 | 15.8 | 0.46 | 325.2 | 1069.91 | 1 | 3.29 | ||
Repeat | CD-09-007 | 1788 | 52.20 | 290.3 | 955.09 | 2.1 | 6.91 | |
# 8 Missed target | CD-09-008 | 0 | 0 | |||||
# 9 not reported | CD-09-009 | 0 | 0 | |||||
CD-09-010 | 4.5 | 0.13 | 329 | 1082.41 | 1.1 | 3.62 | ||
CD-09-011 | 52.5 | 1.53 | 320.5 | 1054.45 | 2 | 6.58 | ||
CD-09-012 | 5.8 | 0.17 | 355.1 | 1168.28 | 1 | 3.29 | ||
CD-09-013 | 13.1 | 0.38 | 278.2 | 915.28 | 3 | 9.87 | ||
CD-09-014 | 1 | 0.03 | 325.2 | 1069.91 | 2.2 | 7.24 | ||
No drill results | 0 | 0 | ||||||
between | 0 | 0 | ||||||
325m and 1160m | 0 | 0 | ||||||
31-Mar-10 | 0 | 0 | ||||||
RL EAST 26 LEV | 26-10-60 | 23 | 0.67 | 1160 | 3816.4 | 4.1 | 13.49 | |
22-Apr-10 | ||||||||
RL EAST 26 LEV | 26-10-57 | 74 | 2.16 | 1300 | 4277 | 2 | 6.58 | |
26-10-61 | 7.9 | 0.23 | 1200 | 3948 | 3.3 | 10.86 | ||
0 | 0 | |||||||
31-Mar-10 | 0 | 0 | ||||||
RL EAST 28 LEV | 28-10-51 | 37 | 1.08 | 1320 | 4342.8 | 8.2 | 26.98 | |
22-Apr-10 | ||||||||
RL EAST 28 LEV | 28-10-53 | 120.9 | 3.53 | 1340 | 4408.6 | 13.3 | 43.76 | |
28-10-80 | 4.8 | 0.14 | 1320 | 4342.8 | 50 | 164.5 |