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So far in 2015, three trenches have been completed in the area covering the smallest proposed pit located furthest west with channel sampling from the middle trench, TR15-11, returning 6.05 g/t Au over 8 m including 14.98 g/t Au over 3 m.

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Message: Re: Question
1
Apr 18, 2010 04:43PM

Re: Question

in response to by
posted on Apr 18, 2010 11:58PM

Kewi,

It is my humble opinion that open pit is not all that we have. The area has been generally a deep find as opposed to open pit. This shallow gold found is an anomaly for the area. Consequently, it is my opinion that we will have plenty of both.

I am open for correction and will appreciate it if required but it seems to me that the area has been known to mine deep. Hence the excitement. On top of that, this shallow gold was found in an area where nobody thought there was anything! Consider all of this when you attempt to calculate costs etc... This also plays into this intuition I have about this play. The open pit may be just the icing on this cake. One of the core hit gold starting at zero which is just below the soft sand. Kick the sand away and place the bit. Instant gold and we're open all over.

I hate to sound like a pumper but I just can't hide my glee at finding this gem of a play. Not only that but getting in at the bottom! We all have a great opportunity here.

Our guys from Thunder Bay have done a lot of dd on this play as well as the management. We as a whole have a lot riding on this play and with good reason.

There is only one other play that comes close to this regarding life altering potential and that one is TUO.

If these two plays do as well as we think they will, lives will forever be changed.

Don

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Apr 19, 2010 08:37AM
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Apr 20, 2010 11:59AM
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