Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (16718)	7/22/2006 8:59:18 PM
From: zoo york	Read Replies (1) of 78416

Hi Koan! I am on a west coast road trip right now, but I wanted to pass along a tidbit re: UC. I met with their senior exploration geo on Friday, and he told me that the reason they bought the drill is because they were spending too much money shipping the contract drill back and forth to the property by helicopter. It actually cost them less to buy the drill outright. The drill core that hit the best intercept so far was a random strike on a discovery hole that was targeted just because it was close enough to the road that they could build the drill pad cheaply. There may be a lot more ore further along strike from that hole, but for now it was more about good fortune than shrewd exploration, and the great results are just about a testament to the strongly mineralized system with a good shot at more to come. cheers! COACH247

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