Questions...
posted on
Sep 03, 2009 08:57PM
Focused on becoming a near-term Gold Producer
Pardon me if these will still be addressed "shortly" but a number of my original questions remain unanswered... I have also added a few more question in light of today's release... Are additional drill results pending? What is the combined strike length of all veins uncovered thus far at GE? Has SGX further explored the 'border vein'? Has SGX established GE continuity with GM system? Did SGX drill the 'border vein'? Of no, does SGX plan to drill the 'border vein'? Is further drilling planned at GE? If so, when and how many meters is planned? Does SGX still believe the GE vein system may be conducive to open-pit mining scenario as mentioned previous? Does SGX plan to conduct 'site visits' with key investors and institutions as has been done in the past? On April 16th, Nigel Lees stated: "We have expanded our array of drill targets at the Golden Extension now comprising the original discovery on vein 1, vein 2, the main vein on vein 4, the extensive quartz stockwork at the northwestern end of vein 4, and the new mineralized complex of veins 9 and 10." Today's update only reported assays from Veins 1 and 4. Were the other drill targets described in April 16th NR (i.e. the new mineralized complex of veins 9 and 10") drill tested? If not, why? If so, are these results pending or did they not return significant gold? For the information of the board: Vein 9 was described as... "Vein 9 comprises two discrete veins separated by up to 15 metres of sheared carbonatized and mineralized wall rock. Visible gold is present within the sheared wall rock between the north and south offshoots. It has a stripped length of 50 metres." Thanks in advance. red911