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Gold/Mining/Energy : Precious and Base Metal Investing

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To: loantech who wrote (254)10/20/2001 10:36:16 AM
From: jpthoma1  Read Replies (3) of 39344
 
OK Tom, this is what I think of SUL latest movements.

Before the last results, most of us were looking at that play as a large tonnage low grade prospect. But when results of hole 8 were published, I was particularly impressed by the 12 metres @30.96 uncut g/t intersection (and 2 metres at 172.1 g/t included in it).

So I decided to plot results of the 4 holes drilled on line 11+00 and found that there was some kind of continuous (?) high grade zone intersected in holes 4, 5 and 8 (but not in hole 1). Hole 6 drilled on line 10+50 was unfortunately stopped short of this zone. And note also that this zone is thickening and getting more rich at depth.

As mentionned in the last PR, more holes were already drilled at the time of the writing and some more to come.

I think that results of some of these holes are now out of the lab and that they confirm my theory.

I am now waiting for a nice 20 metres intersection grading over 25 g/t on lines 10+00 or 9+00 from a hole collared 100 to 125 metres toward grid West from previous drill hole 01GM-06 and drilled at 060 and -45 degrees.

;o))

JP
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