Re: If i was SGX
in response to
by
posted on
Mar 15, 2008 11:46AM
Focused on becoming a near-term Gold Producer
Great summary Red
anyone with time go back and read the Nr,s in 2006 re Onoman many clues in there.
Talk in 1 Nr of Cane Gold having high grades and that word again open pit.
I presume the drill at Lynx 2 is targetting this zone
Within this stripped area, the Lynx # 2 mineralized horizon is 2. 5 m thick and grades up to 5.6% Cu and 53.1 g Ag/T based on channel samples.
Remember Cote 2 is 5km away from Onoman, and i believe is now included as part of the Onoman package.
. Cote Two Rivers Option Agreement - The property consists of sixty (60) units consisting of five claim blocks located in Coughlan and Castlewood Lake areas north of Beardmore Ontario. The option agreement defines that Sage can earn into a 100% ownership interest in the property by making a total of $85,000 in cash payments and issuing $65,000 of share consideration over the first four years of the agreement and by making a final payment of $75,000 in a mixture of cash and shares in the fifth year. The Cote property is located to the northwest of the Sage Onaman copper-gold Project area in a stratigraphically higher sequence of pillow basalts. The property displays wide-spread VMS base-metal mineralization, associated alteration features as well as vein gold mineralization.
Reading past 2006 NR,s from 2006 Onoman geology is trending NW, now read where Cote 2 and Big M are, right in that direction.The Cote property is located to the northwest of the Sage Onaman copper-gold Project area in a stratigraphically