Claude. By your remarks, I am not sure if you are current on the past results of the drilling program and how these current results fit in. Past drilling has defined an area over a kilometer in length which hosts between 750,000 to 1,500,000 gold equivalent ounces in gold and silver. This set of drilling was done to see if the zone extended further to the east and/or west, and to further define the thickness of the strike zone, ie fill in drilling.
What this set of assays showed us was the strike does not extend to the west (Darn!) (the holes with low or no gold and silver counts) and is still open to the east (Horray!). It also showed with the one hole that the thickness and grade of the central part of the kilometer length strike zone is richer than previously thought (3,500 g/t silver, Wow!!).
In a couple of weeks, the assays from the fill in drills will be available. This will further help to define the estimated total amount of gold and silver that is here.
We are at the stage of defining how big this discovery is not if it is here. I am very pleased with the results today. It would have been nice if the zone would have extended further west, but every strike has to have a finite boundary. We now know where that is to the west, but not to the east.
Press the "All Responses" when you first call up the Pacific Rim topic and review the posts for the last couple of months for a more complete discription of what we have here.
I hope this has helped. I am a shareholder and I am not looking to hype this stock. I thinks the results speak for themselves.
Best of Luck,
Ross |
