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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Black Canyon Drilling Results Due Soon?

Black Canyon Drilling Results Due Soon?

posted on Feb 01, 2008 05:41AM
As I recall, when VIT mentioned that they were starting a drilling program at Black Canyon they also mentioned that there would be a three month period where no drilling would occur due to winter conditions. I also believe that the drilling they are doing there is deep drilling that takes several weeks to complete each hole. Perhaps they were able to complete one hole before winter conditions forced them to stop their drilling program there. You also need to note that Chad has previously mentioned to me that the company as a policy doesn't intend on reporting drilling results hole by hole unless the drilling results were material in nature. Bottom line, VIT may have been able to complete one hole and assay results may soon be available. If that is the case, the company will only be reporting the resluts of that hole if the results are material in nature.
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