Comments from OGI on PDAC visit (from CD's thread)-
Some notes on EPZ from the PDAC.
SS going underground on the Ayelin Vein, will allow them better drilling positions and a big look at conditions for future mining. They have found a major looking anomaly to the SE pretty close by. porphyry? The only hole done came up good but was drilled by a switch back for convenience. Access is tough and the best signature is not where they drilled so quite encouraging to get the values they did which I cannot recall specifics of at the moment.
Cerro Jumil, recently hit more encouraging intersections, Paul Bartos very confident of the project, they want to drill quite a bit more so that they raise the bar on an initial 43-101 resource calc., 1 mil + ozs??
12 exploration properties in Mexico, they are running quick 2500 m series of holes in each as they prioritize, will focus in depending on the results.
Back in Peru, Pucurano is close to drill permits but there have been local rumblings on the ground and that may be slowing the process. Pucarano area people were shut out of the benefits of the nearby mine, Buenventura?? operates so EPZ has to overcome distrust of "the new company". We shall see.
I do not own EPZ at the moment, I remain convinced that B.Pincus is an excellent CEO/geo, Dr.Paul Bartos and Steve
Zuker Pgeo have both been great at explaining things to me the past couple of years. I do like a company with mngmnt showing a track record of top management and all geologists til you get to the accountant!! |
