Re: Another one and thats it for today?
posted on
Oct 30, 2008 11:10AM
Focused on becoming a near-term Gold Producer
Rod:
re: veins heading towards Jacobus... see slide 14 of latest SGX presentation. You be the judge.
But get this...
Combine what we are told in 'Golden Extension' video (posted Oct 3 or 4):
"Three new veins discovered"... one of which is "20 metres west of Golden Extension Vein"
with what we were then told in 'SGX October Fact Sheet' (posted Oct 10 or 11):
"Additional vein structures discovered parallel to Golden Extension with 5 metres of width and gold in soils"
Therefore if you assume the 'new' parallel vein SGX discovered just 20m from GE vein is the same 5m wide vein referenced in Fact Sheet released just a short time later... then SGX has told us they have found a reletively wide vein in very close proximity to GE vein (i.e. just 20m away!)... IMO so close that they could easily intersect or be connected just below surface... imagine if GE vein and parallel 5m vein 20m away were connected just below surface... and that could be one big vein!... 25m? 30m? 50m?... IMO this is very possible. Why?...
Remember what we were told in latest KXL presentation... NW drill holes i.e. NW of Golden Pond... KXL drilled these holes before stripping and trenching... shallow blind drilling resulted in a 20m quartz vein being discovered just below surface... but when they finally stripped and trenched the vein was just 6m wide on surface... "KXL has not seen widths or intensity of this magnitude in any previous holes" (assays pending)... This is all happening as KXL gets closer and closer to SGX... would make sense SGX will uncover similar structures (i.e. increased width and intensity of mineralization).
Correct me if I am wrong but I don't think KXL has announced a similar discovery of veins just 20m apart?... didn't think so. This was huge news for SGX IMO.
Obviously too early for anyone to confirm we have more or less of what KXL has... but IMO it sure sounds like we have at least 'the same' as (if not more) what KXL has. We just need to drill. They have.. we haven't... plain and simple.
red911