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Strategies & Market Trends : Beat The Street With SI Traders

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Rocket Red
To: Dav!d who wrote (148453)7/7/2014 9:50:24 PM
From: ogi1 Recommendation  Read Replies (1) of 233882
 
Not new area on latest CSQ drill results, ie drilling known mineralized area.

"This intercept offsets to the south mineralized intervals drilled in hole B-1408C and historic drill hole BRU-094, which indicated the presence of a zone of gold mineralization that was above the average grade of the historic resource. Drill hole B-1425, along with the other holes reported here that were also drilled into the East zone of the historic resource area,* confirms there is a higher-grade zone that needs to be properly quantified with sufficient drilling to include in a National Instrument 43-101 resource estimate."

* The historic resource area refers to an area on the Bruner property that was the subject of a historical resource estimate reported on the property in a press release by Miramar Mining Corp. in 1993 and is not in compliance with National Instrument 43-101 standards. The non-compliant resource estimate was done by industry professionals in accordance with standard industry practices prevalent at the time, and is believe to be reliable, but with no assurances as to how much of the resource would qualify as measured, indicated or inferred under current industry reporting standards. A qualified person (within the meaning of National Instrument 43-101) has not done sufficient work to classify the historical estimate as current mineral resource or mineral reserves, and the company is not treating the historical estimate as current mineral resources or mineral reserves. The historical estimate is relevant solely for purposes of directing target areas for the company's current exploration program. "
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