SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : August thru November 10 baggers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Lawson who wrote (24)11/26/1998 9:09:00 AM
From: steamer  Read Replies (1) of 28
 
Great news release Bob, here's a new one to look at very seriously.

We've all heard about the magnificent discovery by Francisco Gold (FGX) called the el Sauzal deposit in the Sierra Madres. They've identified over 3mil oz of gold and are now trying to expand that resource with a further drilling program just recently announced. Immediately to the west of their discovery is a joint venture between Queenstake (QTR) and Alamos (AAS) that have announced a drilling program getting under way that , judging from earlier results, should be very positive indeed.
However, "10 baggers" don't usually happen unless you get into them before they've started running and there's another new player involved in this huge northwest/southeast trending structure in the Sierra's. Raindrop Resources (RAP)has announced a deal with a large privately owned group of claims immediately adjacent to FGX on their northwest boundary near the El Sauzal deposit. Field crews have returned from mapping and sampling reported outcrops and previously mined deposits on these claims and should have assay results to announce early next week.
With four companies working in this area and more trying to get in we should see alot of interest forming as well as some excellent results to come out of all of them.

cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News