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

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To: loantech who wrote (22764)12/7/2006 6:42:10 PM
From: koan  Read Replies (1) of 78419
 
If RDV is like any of the three close mines mentioned below it could be worth billions!

I am not going to do all of your work for you-lol. But this geology holds MONSTER deposits.

The AJ mine 30 miles away in the same 3,000 ft mountain was the largest underground gold mine in the world in the early 1900's! Hundreds of miles of tunnels I believe. Good rock and .05 gold bulk minable ----hundreds of millions of tons. Was once the leargest underground gold mine int he world.

The gold district of the AJ mine runs 10's of miles south and up north through berners Bay where couer is building the large Kensington mine. Their main 100 foot gold vein of .25 gold and many other rich veins and real good rock means they will mine there for 100 years.

Greenscreek mine run by rio Tinto and Hecla is a 10 to 20% zinc mine 5 to 10% lead, 20 oz silver and .18 oz gold.

Maybe the largest silver producer in the US! 6 million oz a year or so. They keep finding huge pockets of ore one right after another--really faulted---really really rich ore!

John Mulligan who is almost 100 years old and was the director of mines told me once that deposit could run the entire length of Admiralty Island!!

And look at these last results: Take a look at DIB abd what it is doing!! south of RDV.

Look at this drill hole:

Redcorp Ventures Ltd (C-RDV) - News Release
Redcorp drills 2.1 m of 28.26 g/t Au, 731.3 g/t Ag

2006-12-07 08:11 ET - News Release
Shares issued 112,132,234
RDV Close 2006-12-06 C$ 0.56

Mr. Terence Chandler reports

REDCORP VENTURES LTD.: TULSEQUAH PROJECT; ADDITIONAL HIGH GRADE MINERALIZATION AT BIG BULL DEPOSIT

Redcorp Ventures Ltd. and Redfern Resources Ltd., its wholly owned subsidiary, have provided additional drill results from Redfern's exploration program on the Big Bull deposit. The Big Bull deposit is located within the Tulsequah project property and is approximately nine kilometres south of the Tulsequah Chief deposit.

Results from BB06053, BB06057 and BB06059 have been received and reviewed by company geologists. BB06053 cut 2.1 metres of 28.26 grams per tonne (g/t) Au, 731.30 g/t Ag, 0.63 per cent Cu, 4.66 per cent Pb and 4.86 per cent Zn. This intercept is located at the southern end of the Big Bull trend and remains untested to the south and downdip.

SIGNIFICANT NEW BIG BULL EXPLORATION RESULTS

Estim-
ated
true
From To Interval width Au Ag Cu Pb Zn
Hole ID (m) (m) (m) (m)(i) (g/t) (g/t) (%) (%) (%)

BB06053 203.0 204.5 1.5 1.3 3.50 58.81 0.07 1.39 2.85
and 234.9 237.0 2.1 1.5 28.26 731.30 0.63 4.66 4.86

(i) Estimates of true width were calculated based on the angle of
mineralization to core axis.

Company president, Terry Chandler, stated: "Results from Big Bull, particularly in its southern extension, and the recently discovered new lens of mineralization, continue to exhibit excellent precious metal content. This area will be the focus of follow-up drilling in the spring of 2007 to explore the extensions and correlation of the high-grade intercepts and their potential for definition of a significant resource."

2006 drill program discussion

BB06053 was drilled on Section 200N targeting the main Big Bull trend. BB06053 is the southernmost intercept on the main Big Bull trend drilled in 2006, and is 60 metres along strike with the mineralization cut in BB06028.

In addition to BB06053, the company has received results for BB06057 and BB06059. BB06057, drilled on Section 400N, cut an altered package of volcanics in the position of east limb mineralization and returned no significant assays. BB06059, drilled on Section 800N, cut a late felsic intrusive and altered volcanics in the west limb mineralization and east limb mineralization positions, respectively. While significant grade mineralization was not intersected, company geologists are encouraged by the predictability of the mineralized horizons, as evidenced by associated alteration.

The company is awaiting results for BB06050, BB06055, BB06058 and BB06061. BB06052 was collared prior to BB06053 from the same drill set-up and was abandoned at 60 metres due to drilling difficulties. A long section of the Big Bull deposit is available on the company's website.

In addition, the company is also awaiting results from the final holes in the vicinity of the Tulsequah Chief mine including additional step-out holes on the A-zone extension.

Quality assurances and controls (QA/QC)

For the 2006 drill program, sampling has been conducted and supervised by Redfern geologists using established documented sampling procedures. Samples are shipped directly to Eco-Tech Laboratories in Kamloops for sample preparation, ICP analyses, wet assays for base metals, and fire assays for gold and silver, using industry-standard procedures. The company has a comprehensive QA/QC program in place to ensure sample and assay integrity including field blanks, duplicate samples and standards for base metals, gold and silver.

We seek Safe Harbor.

Greenscreek 60 miles away Huge pockets of king solomon rich ore. 10 to 20% zinc and 5 to 10% lead, 20 oz of silver and .18 oz of gold per ton.

Maybe the largest silver producer in the US! 6 million oz a year or so. John Mulligan who is almost 100 years old and the direcotr of mines told me once that deposit could run the entire length of Admiralty Island!!

The mintion

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