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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks
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To: Claude Cormier who wrote (48948)4/23/2019 1:40:16 PM
From: Ron Struthers  Read Replies (1) of 49402
 
Yes, here is the key positive take aways I see

Key Points:

  • Waiting on results for drill holes 19-003 and 19-005;

  • Spectacular high grade for first results -14.0% Cu, 15.8 g/t Au and 352 g/t Ag in a 0.43 m interval;

  • $US 1,790 value per tonne based on today's metal prices;

  • No uranium, which is a nuisance and more costly in IOCGs (unless economic grade itself);

  • Drill sample much higher than any surface samples – system hidden at depth;

  • Fertile IOCG system represents the early stages of defining a new copper belt in Canada;

  • A new copper belt will get the attention from major miners;

  • Zonte controls 25 kilometers of strike length in this new copper belt;

  • Fertile IOGC system means other anomalies yet to be drilled are likely mineralized;

  • Planning for a phase 2 drill program is underway and program expanding;

  • Phase 2 drilling, further testing at Dunns and initial drill tests at Carols Hat or K6 or both;

  • Planned gravity surveys will help pin point targets outside and near the magnetic highs.

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