<<...Their objective is to finalize 6-10 JV's by Dec.31st\98 and a further 6-10 in 1999, with another 5 in the year 2000. ..>> The years 1999, just may be more important as time flies, and royalties..arrive at sustained higher levels, jmo.
From the website jaba.com : Apache ...I love the words, Carlin Style...Mineralization!:::
JABA Inc., APACHE PROJECT
COCHISE COUNTY, ARIZONA
JABA's chairman John Guilbert has long been aware of potential Carlin-style mineralization at the
northern end of the Swisshelm Mountains. Here, limestone host rocks are pervasively replaced by
long and broad silica bodies called jasperoids along steep faults, flat faults, and bedding planes.
The Great American Mine - active from 1898 to 1930 - is in one of the jasperoid lenses; re-sampling
by JABA confirms 0.17 ounce per ton gold and 11 ounce per ton silver occurrences. To the north, 2
square miles of jasperoid outcrop may conceal large tracts of 0.03 ounce per ton gold with
estimates of a potential gold resource up to 4 million ounces, open at depth and to the south. IP
and CSAMT geophysics and multi-element geochemical surveys over most of the jasperoid field
were strongly favorable and preceded Phase 1 drilling in the Great American portion, where 10 RC
holes gave both high and low returns. Final geochem data for the larger targets to the north and
west are being collected and compiled, after which a proposed Phase 2 drill program will be
designed. JABA's land package totals over 19.5 square miles (12,464 acres) 100% controlled by
JABA.
Chuca saysitisaGAS,thelimestoneswereagaswithMINERALIZATION, were is (was) the nearest Volcano, has to be a big jobber, nearby! ( Forgive the Metamorphic-Metaphor!) Better than a spoonerism of Ealcanic V'ruption, or another of joutcrop ...( maybe I better not say...) asperoid field ! Is that last one like the B'steroid Aelt? Broad Silica Bodies; could be ..sounds like...S'road Bilicia Sodies, sortof a curb cut and road cut over the overburden turf.
P.S.- Many folks do NOT realize that the Mineralization can be logically assumed to be brough up to the surface from the mantel areas by the transport means of volcanic gases, such is many cases that spread and permeanated the schattered limesstones which thus changed under heat and pressure! Meta! Betta! Jaba! - Find the reason, then find the stuff, gooda joba, Jaba! Say, G0uda Cheese! G0-go-Jaba! |
