http://www.theaureport.com/pub/na/10915
Dale Mah: Gold Companies to Watch from the Yukon to Colombia
TGR: In a recent research report you wrote about Smash Minerals Corp. (SSH:TSX.V), which holds over 4,100 claims and is one of the largest landholders in the Yukon, covering 846 sq. km. Smash planned to drill 3,000m this summer on several targets. Is there bulk tonnage potential in this area of the Yukon?
DM: Again, it's too early to tell. From what I read about Smash's targets, the company is focusing on structural zones. That would imply low to moderate tonnage with moderate to high grades. If Smash succeeds in hitting mineralization, I would look for a zone of approximately 30m, grading 3 g/t before labeling it as having bulk tonnage potential.
TGR: Has there been any news out of Smash Minerals' summer exploration program?
DM: No, we are eagerly awaiting news. The company received assays from more than 11,000 surface soil and channel rock samples. It prioritized at least five zones for drill testing and started drilling about three weeks ago. It will likely continue drilling as late as it can, but will probably be finished by October. I would look for news in November, maybe earlier.
TGR: When did you last travel to the Yukon?
DM: I visited Smash Minerals two months ago. It has geography on its side. The property adjoins the former Underworld project, now owned by Kinross.
Smash has a very good exploration program underway. It is trying to accomplish two or three seasons worth of exploration in two or three months. This year, the company did a massive grid geochemical survey and some tested a few trenches. It collected some rock channel samples and started to drill shortly after that. It is being very aggressive. Now, we will just hope for the best.
TGR: Has Smash assembled a good exploration team?
DM: That's one of the things that impressed me the most. Smash uses a world-renowned geochemist named Dennis Arne. He set up a top notch procedure for sample collection. Everything—from the assay procedure, how many grams will be assayed, to where the sample comes from and where it is collected—has been extremely well designed and executed. |
