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Strategies & Market Trends : Canadian Junior Resource Roundup

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From: ayeyou10/2/2017 6:36:00 AM
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This should be a big week for triangle assay results with at least three companies due for results release this week including GTT , ABN , and the TUD/TUO/AMK trio at Treaty Creek. GGI and MTS could also have news and CXO well its anyones bet when they will release more holes. This week would not be unrealistic for results from them as well. I have holdings in all but the GGI/MTS plays.

My major bet is on TUO and the Copperbelle results that could go a long way to proving that Copperbelle does extend all the way to SEA's Iron Cap deposit. If that turns out to be an accurate assessment of the geology and MT survey results it will be big win for me. I am looking to see 200 to 400 meters of .80 to 1 gram pt AU along with .20 to .40% CU. That would be similar to SEA's last Iron Cap results and show that the past intercepts at Treaty Creek are consistent on stepout drilling while increasing to conform more as they move closer to Iron Cap. Iron Cap result and Past Copperbelle results below....

Seabridge Gold Drilling Expands KSM’s Iron Cap Deposit Hole IC-17-65 returns 422 meters grading 1.04 g/T Gold and 0.32% Copper. Hole IC-17-66 returns 64 meters grading 4.77 g/T Gold. Exceptional gold/copper values could accelerate plans for Iron Cap block cave.


TUO The drill program will attempt to establish a resource in the Copper Belle zone by drilling at 50-metre centres adjacent to previous holes put down in 2007, 2009 and 2016. Last year, hole CB16-03, an 800-metre stepout from a 2009 hole with an intersection grading 241 metres of 0.8 gram per tonne gold, returned an interval grading 338 metres averaging 0.7 gram per tonne gold with a subinterval running 122 metres of 0.965 gram per tonne gold (more details are available in the news release dated Oct. 26, 2016).
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