To: Nexus who wrote (12655 ) 2/18/2000 8:44:00 AM From: Quickdraw Read Replies (1) | Respond to of 14627
Nexus and all, Regarding the latest release, they continue to expand the anomaly and are now indicating there is a high grade area in the central zone. A wedge-shaped area of high grade mineralization, measuring 400 meters long (north-south) by 150 meters wide at the southern end and 50 meters wide at the northern end, is being delineated within the Central Zone. A total of 487 rock chip channel samples averaging 6.02 g/t Au have been collected from within this high grade area. If I am reading this map correctly, in the central zone, I see an area in black (tunnel sample) which shows as 17m of 12.01g/t. pacrim-mining.com This is as good or better than samples taken from Pierina by Arequipa. If this is indicative of what we might find in this high grade zone then this will be a very large deposit. Additionally, remember that low sulphidation deposits are typically much deeper than high sulphidation deposits like Pierina so if these types of results are consistent throughout the 400m plus sandstone, it could be even bigger. The next release will be very important with results from the tunnel samples. Underground sampling from old tunnels is currently underway for the purpose of locating bulk sample sites for additional metallurgical work, including bottle roll tests and small diameter column leach tests. Additionally, the cliff climbers should be able to confirm depth potential. In my opinion we will see $6 plus before the next release which they tell us is scheduled for mid-March. Like Nexus, I would appreciate any comments or thoughts on the release and/or where we see this going. Good investing, Qd