Ashdown's potential
294 claims covering 5,880 acres along trend?
Recently expanded by 191%
9 sq. Mi.
And our net worth is based on 1 acre along a 950-foot strike.
"The moly-bearing material is hosted in the North and South Zones of the Sylvia vein structure, a high-grade mineralization potentially ranging from 1%-to-15% elemental molybdenum (Mo)."
ACTION MINERALS 2 Mi TO THE NORTH (check out their samples)
actionminerals.xplorex.com
No mine, no drill program, no reserves or 43-101 and us directly south on the same vein.
"As we continue to get to know our mine, we are finding the vein we call ‘Sylvia’ to be as rich as past records indicated. Pinching and swelling between roughly three-and-eight feet thick, this wide plate of mineralization has yielded samples grading 10%, 20%, occasionally even 45%, elemental molybdenum. In a world where the typical moly mine might average three-to-six pounds Mo per ton, our southern vein resource averages 34 pounds. In the area that we are currently mining, we have samples grading over 100, 200, even 300 pounds Mo per ton.
Let’s pause to consider what that means. A ton of mineralized material containing 300 pounds of Mo would have an equivalent value of 10 ounces of gold. Even given the routine losses due to rock dilution, milling and smelting, this represents a bonanza-grade material to make even an old Comstock sourdough sit up and take notice. So while Golden Phoenix considers itself, first-and foremost, a precious metals company (and is proud to own its Mineral Ridge gold and silver property), our Ashdown mine more than lives up to that “precious” designation. It is, in three simple words, the real deal."
Rob Martin - The Real Deal
golden-phoenix.com
The size and potential of this project isn't going to be unknown much longer.
We have the expertise to explore, and the drill rig to prove it up quickly. Although MR will get the attention first...
You can bet Ashdown will get plenty of attention.
In more ways than one........... |
