Re: Drill Results are in ....
in response to
by
posted on
Mar 25, 2010 11:30AM
The company is now known as FUSE Cobalt.
Remember this was a short hole drill program to establish structure and dip. When this information is plotted it will provide a better understanding of the vein structure and how they will approach the next drill program at a depth that will find more substantial veining. None of the mineralization at San was found at shallow depths. We invest in these plays to allow them to explore and if they hit there is a huge upside. This is only one of their many properties and with Tom on board the exploration program will be totally different Mr Theyer is a scientific geologist and a genius with interpretation but not exactly comfortable with the exploration side. As a team they will find something! If you read the news release completely you would have noticed that their was gold in every hole. That in my opinion is extremely positive because it took 80 years to finally unlock the high grade secret to the San Antonio and Hinge mines. Goldcorp gave them the key. Stucture! First you have to figure it out and then you will find the high grade. The gold is in pockets in these mid age rocks and the pockets are not easy to find. A needle in the haystack comes to mind.
JMHO