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

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To: sageyrain who wrote (49651)9/27/2007 3:55:00 PM
From: hank2010  Read Replies (3) of 78416
 
I plotted hole 1 and 2. deposit is very steeply dipping or vertical. They stepped out on each side of it (hole 3 and 4) and came up empty. Went to peak geophysical response and drilled a vertical hole (#5). Fantastic results but probably close to a "down-dip" hole into what is probably max. mineralization (based on geophysics). from this info max strike length (assuming "ore" goes half way to next hole is 50m SW and 75m NE. width is about 71% of intersection in hole #1 (45 degree intersecting vertical body = square root of 2).

Very limited potential for enuf size to warrant development. There is probably more somewhere else, but it will not be found overnite. Calculate length x width x depth 125m x 28m x ??. Does this justify 400 million market cap?

FWIW I am short. maybe I be wrong, but someone show me where, please.
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