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Strategies & Market Trends : Ride the Tiger with CD

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From: E. Charters8/16/2009 6:35:40 PM
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[that] host multiple styles of gold mineralization including: quartz veins, hydrothermal breccias and disseminated sulphide targets indicated by widespread soil geochemical anomalies.

Like wow, man. multiple styles. hmmm.. I mean, this is big. hydrothermal breccias. disseminated sulfides. widespread anomalies. I just knew there was gold up there. This could be another Hemolloid.

The dominant mineralization at Golden Saddle is quartz, albite and carbonate breccias with low volumes of disseminated pyrite.

It's extremely dominant.

What does albite mean? What does carbonate mean? To me it means there are some intrusives bleaching the rocks related to an as yet unknown fault and porphyry system. Wide carbonate means its hydrothermal sources. What else do they expect in a gold system. Sericite is what you get too. Most gold systems are widespread heat and fault related systems. This is a thrust fault, and they go for miles and miles. This is recent stuff I think, not eons (archean) old. I think the Tintina trench was a really long tectonic break plate junction and strike stip fault with a 400 mile throw. Not small stuff.

At the Arc Zone mineralization is characterized by breccias with a matrix of sulphides including pyrite and arsenopyrite.

Property basement geology consists of five stacked thrust sheets of lower to middle-amphibolite facies Yukon-Tanana schist and gneiss.

Five. Five. Really.

There is some consensus that mineralization is probably intrusion related due to elevated Molybdenum numbers and the hydrothermal alteration but no direct connection to an intrusion has been made so far.

Well they just haven't look hard enough. They are there. Relating the intrusions sometimes is difficult because there are all over, porphyry apophyses from a major tonalite. The asp makes it sound very high temperature.

There is quartz in veins, stockworks and breccias as well as sulphides in what appears to be a linear moderately dipping structure.

More drilling and study is needed to develop a geological model of the White Gold discovery.

Located in a new emerging gold province in the Yukon Territory Canada, the White Gold area play has the potential to go for several years as field crews are mobilized to the Yukon and news flow will be constant from almost all the companies involved.

Underworld's discovery has sparked a land rush, there are an increasing number of savvy explorers and market players staking whatever land they can get surrounding the discovery area.

A select few companies will be buy and hold for drill results and many others will present trading opportunities.

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