Shining Tree Gold Camp Message Board

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Gold/Mining/Energy : Shining Tree Gold Camp

ORFDF 0.0572

-6.6%

Oct 22 2:58 PM EST

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To: sense who wrote (168)	9/2/2012 9:45:36 PM
From: sense	of 260

Golden Phoenix Property Description... Checked out their recent filing, and found a reference saying they'd bought the properties through acquisition of Ra Resources... and a search for that turned up more description. It's older info, but, useful here because of the PATTERN element in the region, which they address in their description, which I have put in bold: "Ra Resources owns a 100% interest in four principal gold and base metal properties within the Shining Tree mining district of northeastern Ontario. The historic Shining Tree area is located along the same prolific Kirkland-Larder gold belt where Northgate is developing a three million ounce deposit and the Swazye area, site of recently reported gold finds by Trelawney Mines. The Shining Tree district is currently undergoing a resurgence of exploration where five other companies are preparing for drill programs this summer. Ra acquired its holdings in 2006 and has invested over $600,000 CN in their development. The portfolio includes: Churchill Township. A prospective gold property that contains three gold mineralized trends delineated in a 2009 43-101 feasibility study. Five exploratory holes drilled along the feature by Ra exhibit a marked increase in width and mineralization with depth compared to its surface expression. Current plans call for drilling five deep holes in 2010 designed to intersect the gold zone 300+ meters vertically from surface in order to validate the theory that gold mineralization improves with depth, an established characteristic of the Kirkland-Larder trend. Browning Township. A prospective copper-zinc property consisting of over 100 contiguous claims spanning seven kilometers of airborne and ground conductors conducive to hosting VMS (volcanogenic massive sulphide) deposits. Previous work byFalconbridge in the late '90s included drilling along the favorable horizon, which returned substantial width of semi-massive sulphides with anomalous zinc and copper. Ra has since developed two prime drill targets utilizing state-of-the-art geochemistry and geophysics, scheduled for drill testing in 2010. Nursey Township and Asquith Township. These prospective properties feature copper-nickel and copper-zinc mineralization, respectively. Further evaluation is planned. " prnewswire.com

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