To: geoffreycs who wrote (4678 ) 10/9/1999 7:28:00 AM From: Chuca Marsh Read Replies (2) | Respond to
Answer, as someone else in a conventional non convention deposit search criteria format has found gold in similar but differant volcanic influences of geology...I theorize that the Limestones 2,000+ feet below leached out the METALs into the Volcanic Geology...hope this helps you understand that it ain't a scam, it's ...GEOLOGY, Geoguys! Message 11454845 Message 11454845 siliconinvestor.com It will take months to sort through all of this, however our style is to run precursor samples of anything that looks interesting then follow-through on positive hits. Metals come first because they are fast and cheap. When we found the gold rich samples in August we sat on the results because we were not sure this story had technical integrity and "legs" to carry throughout the regional stratigraphy. The September results confirmed this new dimension to the Chinchaga "stew" and we announced the results as soon as they were received to inform the shareholders and to unburden ourselves of a disclosure responsibility we had been carrying since late-August. Our plan now is to disclose on a current basis as results arrive. This means that shareholders can expect choppy results with each batch of analyses since it will be awhile before we can assemble the data and smooth it out. Of course, we will be criticized for not presenting a complete picture, but the alternative is to shut off the information flow until all the results are assembled into a statistical package. We can't please everyone. asked about the nature of the host rock. Its a volcaniclastic rock, that is a volcanic ejecta or rock that formed from stuff thrown out of a volcano. Its current appearance is that of a coarse mudstone, really ugly, with chunks of lappilli or clay balls formed by wet volcanic ash and oolited, little balls that form by rolling around in shallow water. The rock is also saturated with sulphides. We have pictures on our website. There is little to no carbonate or limestone in the rock or nearby and we have no quartz veining to speak of. Only some very rare carbonate veining. Don't know why. Come to think of it there's a lot we have to learn about this new mineralization.Message 11468780 Message 11468780 siliconinvestor.com
