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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM
GPXM 0.000001000-99.0%May 28 1:24 PM EST

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From: PayShhhhence7/10/2011 4:30:39 PM
1 Recommendation   of 811
 
Interesting note is that Scorpio SEEMs to have dropped everything else it had going to focus on this and this ALONE....

From Thom Calandra

stockhouse.com

"Peter Hawley says his 2011 goal is for one million old-equivalent ounces in a “proven and probable” resource category. “In our Drinkwater pit we already have 375,000 ounces proven and probable,” he says. “I had a theory that the primary mineralization was around the Mary Mine. It was these north-40-west stress faults and north-northeast wrenching faults and a secondary pulse with large dilation zones, my theory that is. We drilled a hole to test one of my theories and we hit 46 feet of 1.1 ounces per ton gold.” That was three miles to the west of the open pit on-site here at Silver Peak, Nevada."

LOOKING AT THE MAP

images.investorshub.advfn.com

images.investorshub.advfn.com

There are TWO holes drilled on the map WEST of Drinkwater.
NORTHSTAR & NORTHSPRING.....

Observing the hole color and comparing it to the map legend we see BOTH holes straddle the Coyote Fault GPXM claim area AND ARE TO THE WEST.....

The repeating geological features of Mineral Ridge are the ridges...the ridges run SW to NE... they repeat multiple times as you follow the northern flank of Mineral Ridge starting at the NE corner heading NW.... the mary mine is STILL one. DRINKWATER USED TO BE ONE.

THE PURPOSE OF THE NEW DRILL HOLES BEING DRILLED IS TO PROVE WITHIN A REASONABLE DOUBT THAT THE MINERALIZATION IN THESE RIDGES IS CONSISTANT RUNNING SW TO NE.... THUS... THE HOLES BEING DRILLED THAT CORRESPOND TO THIS THEORY.

NORTHSTAR & NORTHSPRING (SW TO NE)..... CORRESPOND WITH THE KNOWN DIRECTION OF MINERALIZATION AT THE MARY MINE....... TARANTULA TO LAST CHANCE SW TO NE ...... COYOTE WELL TO DRINKWATER SW TO NE..... STATE BANK TO CHIEFTAN.... ETC ETC

WHAT do these drill holes all have in common??????

SAME DIRECTION SW TO NE AND THE HOLES ARE COMING BACK COLORED RED AND BURGUNDY.
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