Yeah ME 2 lol on wrong weeks, JabaDabaDO: see P.S./SFA Standard Fire Assay: I hope so I bet so.
Consolidated Jaba Inc - News Release
Cons Jaba acquires Redrock project; grants options
Consolidated Jaba Inc JBA
Shares issued 11,927,658 Sep 10 2002 close $ 0.11
Thursday September 12 2002 News Release
Mr. Paul Matysek reports
JABA ACQUIRES THE REDROCK CANYON PROJECT, A CARLIN STYLE DI ...
Consolidated Jaba has acquired 100-per-cent interest in the Redrock Canyon gold project in Cochise county, Arizona. The project consists of 1.5 square miles of Arizona state prospecting permits/leases.
The project targets disseminated Carlin-style gold of potentially significant grade in the lower Paleozoic sedimentary formations that have hosted disseminated hydrothermal mineralization in various large mines throughout southeastern Arizona. Redrock Canyon has been the subject of previous exploration activity by junior exploration companies which have defined strong geochemical anomalies for gold and other indicator metals. Also, previous technical work by Jaba under joint ventures with Phelps Dodge Copper Corporation and North Mining Company have defined a large gold zone surrounding what appears to be a porphyry copper centre defined by geophysics, geochemistry and interpretive geology. A recent master geology thesis supported by Jaba has refocused attention on the area. Gold values in feeder veins show up to 1.6 ounces per ton in at least three samples. Widespread lower but still significant values in the parts per million range gold in silicified areas, jasperoid bodies, decalcified limestone and fresh appearing limestone suggest potential for large bodies of disseminated gold, perhaps of significant grades at depth, in favourable porous horizons. Induced polarization (IP) surveys run by Phelps Dodge in 1990 have been re-examined and suggest responsive targets corresponding to surface geology and gold anomalies at a depth of 300 to 700 feet. New computer software can now more closely define these anomalies. In an area not tested by IP surveys, disseminated gold in the 0.1 ounce per ton range is indicated by vertical air rotary holes to 100 feet. Favourable porous sediments underlie this area, which has plus one ounce gold feeders at the surface, by an estimated 200 feet.
Jaba, subject to a technical report, proposes to further refine the existing targets and to test the area with a series of diamond drill holes. To that end, Jaba has retained registered professional geologist and qualified person Jonathan DuHamel to review the data and prepare a technical report with specific recommendations for a phased exploration program for the project area. He will work with Zonge Engineering, the geophysicists who provided the IP surveys for Phelps Dodge in 1990, and with Shea Clark Smith of MEG Inc., to define respectively a geophysical and geochemical program. Mr. Duldamel is retired from the Phelps Dodge company where he performed successful exploration programs over a period of 27 years. He conceptualized and performed geologic mapping and sampling that identified some of the strong gold anomalies at Redrock Canyon before his retirement.
Further, Jaba has granted incentive stock options to a consultant in the amount of 200,000 shares at a price of 10 cents for a period of five years. The options are subject to acceptance by the TSX Venture Exchange.
(c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com
PS I fond this at INFO MINE and Board there this AM: So I sent to Jaba :
Subj: How South in AZ (( salong@netw.com ) ) also Mr Long at Minning Web has a 9-4 ad
Date: 9/12/02 7:59:48 AM Eastern Daylight Time
From: Chucalo
To: jbriscoe@jaba.com, jaba1@shaw.ca
//..// ...Jims ??? Says Southern AZ only...
goldandsilvermines.com
Mostly easy surface mining. Just load screen and process. The owner was producing 300 - 500 lbs of gold concentrate mud per week and pouring his own dore bars using only a tractor and bobcat loader! He recently had a heart attack and had to suspend operations.
• 85% - 95% pure gold
• $1.8 million dollar ( 100 ton per hour ) processing plant already on site.
• Proof of ownership, core samples, geologist report, appraisal on the claims, and all necessary documentation available.
To learn more about this offer, contact us, an ask about the AZ2 Mining Project.
(208) 263 - 1556
and
Placer Operator Wanted
Posted by Steve Long on September 05, 2002 at 13:58:20:I have a helluva deal for someone. My listing of the AZ2 mining project at:
goldandsilvermines.com has been advertised for sale
at $45 million USD with $24 Billion in gold reserves not counting the PGM's.Now the owner has decided that he would allow a mining
company to come in and work this on a percentage basis. He is asking for only $10,000 down and might take less.Please advise if you know anyone who may be interested.
Steve Long
263 1556
goldandsilvermines.com
say $24 Million BUT Jaba is a THESIS and CanMet Standards of CANADA ( and Regulatory Restrictions that mean we have standard assays and extractions ! IMHO- SFA )! I pick Jaba NEXT month all month :
infomine.com
Chucka The LIMESTONE Staker LOL in Nevada |
