Re: Perspective
in response to
by
posted on
Sep 06, 2010 09:45PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Amazing isnt it, the potential here? From what I can gather, this deposit will most likely be an open pit mine to start. There is disseminated gold in the soil and alot of the the high grade samples were taken from near or at the surface. It appears that the main corridor is almost totally gold laden and now the first sample to come from the new corridor is high grade. It is thought that the two corridors may be connected at depth making the whole Tesoro property gold laden. It has also been said that this is a mesothermal deposit, meaning it can run to considerable depths into the 1000,s of meters.
To my knowledge, I may stand to be corrected on this, but I beleive our deepest samples to date have come from 150 meters. These were high grade also and it has been noted that grade has been increasing with depth.This is common with a mesothermal deposit.
There are high grade occurences of silver and zinc present that are not being paid too much attention to now because they are overshadowed by the bonanza gold grades. Gold is the prominent metal here, but the other high grade metals will become important when the Tesoro is mined. It is possible that the byproduct metals could pay for the mining, leaving all the gold as mostly profit. This is very important when a major looks at a takeover target.
So, we now know that the east side of our property also contains high grade gold, what about that unstaked property bordering our east side. I think one could assume it must contain some gold. If we were to stake that property and it contained good grades, how much more value would this add to the now valuable tesoro?
There are so many chances of great things happening here that if only a couple of the speculations come true, it will be great. I beleive some major will pay handsomely for the Tesoro in the near future. One drill hole may be all it will take, because just think, there is gold pretty much over the entir property. I dont beleive there was a spot on the property that they looked and didnt find gold. If we dont get bought out prematurely, then yeah, we are in for one amazing ride!