SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Beat The Street With SI Traders

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: heinz44 who wrote (191197)6/25/2016 1:35:46 PM
From: Rocket Red  Read Replies (1) of 233785
 
AQ I like this stuff close to surface

RC drill highlights:

  • L100E-60B -- 10.19 to 16.28 metres, 6.09 metres at 26.8 grams per tonne gold, including 13.23 to 15.27 m, 2.04 m at 78.71 g/t Au, also including 14.25 to 15.27 m, 1.02 m at 138.26 g/t Au;


  • L077E-48A -- 27.68 to 38.85 m, 11.17 m at 5.83 g/t Au, including 27.68 to 29.71 m, 2.03 m at 6.02 g/t Au, also including 27.68 to 28.69 m, 1.01 m at 10.53 g/t Au, including 36.82 to 38.85 m, 2.03 m at 25.12 g/t Au, also including 37.84 to 38.85 m, 1.01 m at 46.63 g/t Au;


  • L076E-18A -- 8.07 to 16.81 m, 8.74 m at 7.73 g/t Au, including 12.75 to 14.78 m, 2.03 m at 30.48 g/t Au.


Intervals are interpreted to approximate true thickness.

Detailed description of drilling

The 2010 drill program targeted an area directly east of the 2009 pit extension. The tight-spaced drill grid was designed to test the projected pit to a bedrock depth of 25 metres. The data from the program will be used to build geologic models for pit design and grade control. The area of the Pine Creek fault zone that was drilled defined a wedge-shaped package of volcanics (andesites and lamprophyres) sandwiched within carbonate-altered ultramafics, and bounded below by a major fault zone.

Two main gold-bearing zones were identified. Gold mineralization is associated with quartz stockwork and intense iron carbonate alteration within the ultramafic rocks and within quartz-stockwork associated with silicified and pyritic volcanic rocks.

Chuck Downie, PGeo, vice-president of exploration, states that: "We are encouraged by the presence of two relatively continuous, near-surface mineralized gold zones within the area of the next pit. The tight-spaced drilling will give us a very detailed geologic model which will greatly enhance the effectiveness of grade control during our mining operation."

               TABLE OF SELECTED 2010 DRILL RESULTS  Hole            Order        From (m)   To (m)             Intersection No.   L064E-42A                     25.64     28.69        3.05 m at 21.24 g/t Au L064E-42A   Including         26.66     27.68        1.02 m at 48.21 g/t Au L066E-24A                     21.38     24.42        3.04 m at 10.39 g/t Au                               33.57     34.58         1.01 m at 5.69 g/t Au L070E-24A                     25.64     26.66         1.02 m at 7.44 g/t Au L070E-30A                     20.87        29         8.13 m at 4.91 g/t Au             Including         27.98        29         1.02 m at 31.4 g/t Au L073E-54A                     31.39      32.4         1.01 m at 3.33 g/t Au L076E-18A                      8.07     16.81         8.74 m at 7.73 g/t Au             Including         12.75     14.78        2.03 m at 30.48 g/t Au L076E-24A                     18.84     20.87         2.03 m at 5.79 g/t Au L076E-54A                     41.69     42.71         1.02 m at 5.22 g/t Au L077E-42A                     33.63     36.67         3.04 m at 3.74 g/t Au L077E-48A                     27.68     38.85        11.17 m at 5.83 g/t Au             Including         27.68     29.71         2.03 m at 6.02 g/t Au        Also including         27.68     28.69        1.01 m at 10.53 g/t Au             Including         36.82     38.85        2.03 m at 25.12 g/t Au        Also including         37.84     38.85        1.01 m at 46.63 g/t Au L082E-30A                     20.42     21.44        1.02 m at 10.26 g/t Au L082E-36A                     23.26     25.29          2.03 m at 4.2 g/t Au L088E-18A                     12.23     13.25         1.02 m at 3.22 g/t Au L088E-30A                     18.79     19.81         1.02 m at 3.01 g/t Au L088E-42A                     22.29     23.31         1.02 m at 6.58 g/t Au L088E-64A                       8.1      9.11         1.01 m at 3.48 g/t Au                               30.45     31.46         1.01 m at 2.89 g/t Au L088E-64B                      5.92     13.03         7.11 m at 2.25 g/t Au             Including          6.93      7.95         1.02 m at 8.42 g/t Au L094E-24A                     12.29     13.31         1.02 m at 3.25 g/t Au L094E-30A                     14.53     15.54         1.01 m at 9.45 g/t Au L094E-36A                     10.19      11.2         1.01 m at 11.8 g/t Au L100E-24A                      8.33     10.36        2.03 m at 12.11 g/t Au L100E-48A                     17.63     22.71         5.08 m at 3.05 g/t Au             Including         18.64     19.66         1.02 m at 7.74 g/t Au L100E-60B                     10.19     16.28         6.09 m at 26.8 g/t Au             Including         13.23     15.27        2.04 m at 78.71 g/t Au        Also including         14.25     15.27       1.02 m at 138.26 g/t Au L106E-56A                     11.14     12.16          1.02 m at 8.8 g/t Au 


The drilling was oriented perpendicular to the known structural trends, and it is believed that most of the drill intercepts represent true widths of the mineralized zones.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext