Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: ogi who wrote (17315)	8/17/2005 10:26:19 AM
From: E. Charters	Read Replies (1) \| Respond to of 18308

These seem to be fair results. No telling where it is going. Deep drilling in Hole IX-67 intersected high grade mineralization from 0 to 194 metres that reported 6.8 grams per tonne gold and 64.0 grams per tonne silver. (Note: Was this over the entire width?) Hole IX-67 bottomed in a second mineralized gold zone which assayed 3.8 grams per tonne gold and 4.0 grams per tonne silver over 5 metres (from 278 and 283 metres). Further deep drilling will be required to determine the depth continuity of this zone. Hole IX-67 was drilled vertically near the collar of Hole IX-26 to test the depth extent of mineralization below 100 metres. Hole IX-26 previously reported high grade mineralization from surface to its drilled depth of 100 metres. Hole IX-69 intersected 62 meters of 2.0 grams per tonne gold and 6.5 grams per tonne silver (from 108 to 170 metres), which lies within a broad mineralized section of 152 metres of 1.5 grams per tonne gold and 4.7 grams per tonne silver (between 36 and 188 metres). Higher grade interval between 132 and 144 metres returned 5.4 grams per tonne gold and 22.5 grams per tonne silver. Based on the sub-vertical dip of the Campamento Zone, the estimated true width of the 152 metre wide zone is approximately 90 metres. Results below 302 metres are pending. Hole IX-69 was drilled to a depth of 401 metres at an azimuth of 150 and an inclination of -55 degrees. The hole was collared 110 metres to the southwest of the high grade Campamento target and was drilled to test the strike extension of gold mineralization associated with the main Campamento high grade zone. Hole IX-70 intersected 30 metres averaging 6.8 grams per tonnes gold and 5.8 grams per tonne silver (from 38 to 68 metres). This hole was drilled to a depth of 84 metres, approximately 150 metres east-northeast of the main Campamento mineralization. The hole was collared at an azimuth of 330 and an inclination of -55 degrees, but was terminated due to technical difficulties. Hole IX-70B was drilled from the same collar as Hole IX-70 at an azimuth of 330 and an inclination of -65 degrees. This hole intersected 8.3 grams per tonne gold and 12.3 grams per tonne silver over a 24 metre interval between 32 and 68 metres depth. Results below 292 metres are pending. EC<:-}