posted on
Nov 01, 2007 03:48AM
Welcome To The VIT Chat Board
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
Message: valjone
Grab samples need confirmational drilling. As you can seen on their website, this particular sample is from a 0,8cm quarz vein. The 108oz/ ton is a incredible figure, 0,8cm is not. Yet, all other grab samples have high grades as well, so it certainly is a highly prospective area to start drilling. This area has never been drilled before and used to be a old mining site in the 1880's with grades of 0,5 oz/ ton, which is very good. As you can see on the picture, the area shows lot's of visible gold and the property is 100% VIT (no Newmont with back-in rights on this one)
Again, exciting drilling results from this property can be skyrocketing news for VIT, up to that time these are nothing more than promising grab samples. The new web-site is very informative. One can only be excited for the drill results in the coming months
Good luck !
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