SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : 2007 Silicon Investor Stock Picking Contest - Metals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loantech who wrote (145)1/7/2007 5:11:04 PM
From: TheSlowLane  Read Replies (2) of 678
 
Slan, actually it's LDS, not LSD.

"After drilling approximately 3,000 metres Rio Tinto concluded that Lavras do Sul was unlikely to host a gold deposit of this order of magnitude, nevertheless a potential for 3 million ounces within the area optioned under this agreement has been indicated by both Rio Tinto work and Amarillo's due diligence exercise.

Rio Tinto's exploration included drilling two distinct prospects, Butia and Cerrito; both within 5 km of the town of Lavras do Sul and covered by old surface workings, which had previously been drilled by a local mining company, Cia Brasileira de Cobre (CBC). A total of 46 holes were drilled by the two operators of which some of the best intersections are:

      LG003GD  (RTM)  175m @ 0.75 g/t Au (Butia)
      LG004GD  (RTM)  181m @ 0.87 g/t Au (Butia)
      BB-11-85 (CBC)  104m @ 1.03 g/t Au (Butia)
      BB-01-85 (CBC)  184m @ 0.93 g/t Au (Butia)
      BB-02-84 (CBC)   47m @ 1.04 g/t Au (Butia)
      C-F06-86 (CBC)   65m @ 1.05 g/t Au (Cerrito)
      C-F10-84 (CBC)   90m @ 0.78 g/t Au (Cerrito)
      C-F07-89 (CBC)  101m @ 1.15 g/t Au (Cerrito)
      C-F04-86 (CBC)   71m @ 1.08 g/t Au (Cerrito)

The gold mineralization at both prospects is open in a number of directions."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News