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Strategies & Market Trends : The Saskatchewan / Manitoba Coal Thread

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To: Goose94 who wrote (309)8/2/2009 12:40:54 PM
From: howestreetbull   of 340
 
another set of drilling results and yet another huge zone ... "The Niska Sub-basin is approximately 5 kilometres by 10 kilometres in size and contains at least three areas ("Areas") with coal intercepts aggregating up to 62 metres in true thickness." and more holes to come down south on the Red River north zone...and they have completed airborne on the rest of the ppty as well as other holdings in Sask and Manitoba..."The Company has completed airborne geophysics over the remaining areas of the Border property which has resulted in the discovery of several new target areas. In addition, Goldsource has completed approximately 5,000 line kilometres of airborne geophysics that is expected to identify potential coal deposits on its other properties in Saskatchewan and Manitoba." not too shabby I would say...and a 43-101 resource estimate on the horizon for Q3 "Resource modeling for a NI-43-101 Technical Report is underway with completion anticipated in Q3 2009". hsb
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