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Gold/Mining/Energy : Southwestern Gold -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (402)1/21/2003 11:23:13 PM
From: russet  Read Replies (1) | Respond to of 585
 
I think Eva may be right thanks to this comment from todays NR,...

Detailed logging and sampling of diamond drill hole B02-01 has been completed and assay results are expected within the next two or three weeks. Detailed logging of diamond drill hole B02-02 has identified a new zone of mineralization above the main zone mineralization. The new mineralized zone was identified from 97.8 metres to 128.4 metres and is characterized by abundant brecciation and limonite/sulphide mineralization. Both native gold and electrum have been identified in the core from this zone

Maybe this ain't ore to you or Kaiser,..but from this group it is near ore to me unless something is very amiss.

I know Chinese politics could do something here, but Plewes has been dealing with the Chinese for almost a decade, and I think he would have bowed out before undertaking this play if he thought he couldn't work a good deal with them.

If they do show 10 million oz Au over 1.8 km with a potential strike length of over 3 km,...then given a $50 per oz buyout, and with 90% of the play to SWG the stock could easily double from here.