Solid foundations. New horizons.

Free
Message: Re: ...Drill Intercept of 16.3 g/t Gold Over 39 m at hole 273 - Interpretation

Average intercept of 39m @ 16.3 gpt is equivalent to 39 x 16.3/3 = 208m @3gpt. Some comments/observations are given below.

- intercept of over 200m @3gpt is excellent (my shoebox model assuming 3gpt will be thicker, e.g. more tonnage hence more oz Au)

- note the phenomenal grade of 238 gpt at the bottom end of the hole...and with a potential to be open at depth (time to bring in the deep drill, or the drill that can be drill horizontally so that one can follow (faster) along the spine of this long depsosit... like the one KWG/BOL are currently used for shallow drilling at Koper Lake, see KWG BB for some picture and videos)

- grades decrease toward the north shore where the drill collars were located. So, the claims that belong to the forestry companies do not seem to host the HGZ.

- HGZ is some 250m from the north shore and confined in a tight deposit (easier to scoop up).

This would lower the demand (for ransom) from the other parties during the negotiation.

May be this is also a reason for not appearing to be too anxious to get to the other side of the lake during this winter. The NR was talking about stopping at 2600SE which is approximately 400m off the SE shore. There is another strip of claims (SE of the cottages) that belongs to the same (?) forestry companies before PRB claims begin.

Just my observations. Feel free to add yours.

goldhunter

Share
New Message
Please login to post a reply