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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
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http://www.gowebcasting.com/events/san-gold-corp/2011/11/15/third-quarter-2011-financial-and-operating-results-conference-call/play/stream/3451
Listen to dale carefully. Starts at about 13 minutes. He seems to be confirming the 007 zone upwards from a known strike length of 600 feet to 500 meters(about 1600 feet) He also appears to confirm continuity of depth to 5000 feet plus from the current 9900 level which is about the 1500 foot depth. If you go to the website and look at the corporate presentation page 20.
and then read the entry from the 43-101 I am hoping that the 007 resource will increase by at least 3x the strike and then at least 3 x the depth. 400,000 x 9. Could be wishful thinking, but that is what keeps me in SGR.
From the 43-101
The 007 Zone database is comprised of 135 holes completed to June 30, 2010 totalling 134,970 feet. The resource estimate is based upon 163 composited vein intersections comprised of a total of 482 individual assays. The zone has been tested from the 9900 Level to the 8500 Level along a strike length of 600 feet and is open up and down dip and along strike to the west. Exploration drilling will continue throughout the second half of 2010.
007 SUMMARY OF RESOURCES
Tons Grade Contained
oz./ton (g/tonne) Ounces
Indicated Mineral Resources 305,240 0.75 (25.7) 230,330
Inferred Mineral Resources 398,200 0.47 (16.1) 186,980
The mineral resources are in-situ, undiluted, and uncapped and have not had economic parameters applied to them.
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