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

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From: koan	1/14/2007 12:36:48 AM
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FV, anyone following this one. I found out I have more than I thought and am not sure what to do i.e. hold or trade? Very rich zinc near surface. can't figure out potential size? FV Company Snapshot BullBoards Member Forums My BullBoards Jump to FV Forum SUBJECT: New 43 101 and Map on website Posted By: marketminer Post Time: 1/11/2007 10:09 « Previous Message Next Message » firestoneventures.com New Map also: firestoneventures.com From 43 101: Drill results confirm that the zinc-lead mineralization within the Santa Rosa Corridor extends along strike (340 to 350 degrees) for at least 300 meters. The width of the zone varies from 40 to 100 meters. Drill hole TH06-14 intersected a true thickness (or more precisely diameter) of 47 meters within the main, cylinder-shaped zone. The tabular mineralized zones peripheral to the main cylindrical zone vary from 2 to 20 meters in true thickness. The main cylindrical zone varies from 20 to 47 meters in diameter, with a down-plunge length of 170 meters. Zinc grades within the mineralized zones vary from 6% to 33%. The density and spacing of the drill holes is not sufficient at this point to calculate an average grade for the zones. These positive results strongly indicate that significant further drilling is appropriate. The data density for the surface and underground sampling by Redhawk was more than adequate to establish the general grade and tenor of the zinc and lead mineralization. They collected 498 samples in a 200 x 75 meter area. Results from the 5 samples which Firestone collected from the same outcrops were in agreement with the results reported by Redhawk (Table 4). This first phase of drilling was designed to meet the objectives described above, not to establish a measured or inferred resource. For the first phase the holes were spaced 15 to 25 meters apart on section, with 25 to 50 meters between sections. The next phase of drilling will be at a closer spacing, designed to establish a measured resource. NewsBlast Sign-Up StockHouse NewsBlast: Receive company sponsored news and information via email.

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