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Politics : Gold and Silver Stocks and Related Commentary

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From: loantech	8/8/2005 5:11:43 PM
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GO CEEDEE GO! Go man go! Stikine Gold Corp Symbol SKY Shares Issued 26,420,917 Close 2005-08-04 C$ 0.07 Recent Sedar Documents Stikine Gold locates new target area at Sullivan Deeps 2005-08-05 13:33 ET - News Release Mr. Scott Broughton reports STIKINE GOLD CORPORATION: SULLIVAN DEEPS PROJECT REVIEW Stikine Gold Corp. has had a review and interpretation of Sullivan Deeps geology completed by Paul Ransom, PGeo, a recognized expert in Sullivan mine geology. Mr. Ransom concludes that the central part of the Sullivan Deeps target has not been tested by drilling completed to date and that the strata and sulphides intersected in SD1 and SD2 correlate with the east edge and barren sulphide sheet to the east of the Sullivan mine, respectively. This interpretation suggests that the centre of a new system may exist primarily north and west of the holes drilled by Stikine to date and remains consistent with downhole geophysical information collected from both SD1 in late 2004 and from DDH6465 in 1996. That work demonstrates a large-scale conductor that remains open to the north. Based on Mr. Ransom's interpretation of the geology and geophysics, a new target area is located approximately 1,000 metres (3,280 feet) north of the SD1 site. Based on the elevation of the site and projection of the Sullivan horizon, an estimated depth to target for a proposed SD3 drill hole is 2,500 metres (8,200 feet). Should we buy???

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