Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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

Free
Message: Re: drill results plus other things
5
Sep 06, 2011 05:20PM
9
Sep 06, 2011 05:33PM

Correction

Its been awhile since we looked at the copper aspect and I had to do some digging to get it straight in my mind again why we were not too concerned with the copper. The sample in the NR is 5.5% copper, BUT it was an anomalous sample and when we averaged the grades out for the Canchete area, the copper grade was only 0.517%, still barely economical by itself. It can be mined in that area as a by-product of the gold if the separation process is not too costly. In the A-4 area, above the anomaly, the average copper grade was only 0.038%, NOT economical.

Here is further testament that we are a suspected gold play, this is taken from the last tech report;

The research, site visit,

Property inspection and data compilation conducted with respect to this Report, have lead the

author to the conclusion that the Tesoro Property represents a solid gold exploration target that

warrants a systematic and phased series of mineral exploration programs to adequately appraise

the Project’s economic potential.

3
Sep 07, 2011 10:36AM
3
lb7
Sep 07, 2011 10:39AM
Share
New Message
Please login to post a reply