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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (6948)	2/21/2006 10:27:04 PM
From: ogi	Read Replies (1) \| Respond to of 78403

Without assays you could consider it a non event release but I don't see it that way. The previous drilling , under a known resource identified a specific mineral carrying rock. Today the company announced it has encountered that specific assemblage in 2 of 3 holes and yet another rock type indicative of and related to the known gold carrying breccia. So, is this cheap promotion by visuals? Or is it a confident declaration of undeniable success? As a shareholder, and biased interpreter, I lean toward the visual confirmation of the geological model. If true, the implications are substantial. The area drilled is big enough and the previous intercepts wide enough that this round of drilling demonstrates significant tonnage potential. Will further drill expand upon it? I would say the likelihood is yes. That means a significant Carlin trend deposit is emerging, that has big implications. Until assays indicate otherwise, that is how I am viewing this current Cat O nine tails! Meow! I had mixed results today some strong rises but generally weak to neutral, Gyd, Bcm, Cat big gainers, aun, guy,dje,ckg,tk, cbp down, lrr down after big jump yesterday, soh, goz, nau all flat, yzc barely up. Guess it is all about drills and at the very least holding the POG. Cheers, Ogi

To: ralfph who wrote (6948)	2/21/2006 11:20:46 PM
From: E. Charters	Respond to of 78403

Core samples have been submitted to ALS Chemex and continue to be shipped to the lab on an ongoing basis. Continuous assay results are expected to begin late this month. Although no assay results are yet available, each of the first three drill holes of the 2006 program have intersected significant sections of collapse breccia containing various amounts of realgar and orpiment as well as local massive pyrite. Apparent sideritic arsenopyrite was observed in drill hole BH-06-01 within a 91-meter (300-foot) thick section of brecciated jasperoid. This is what you want to see, jasperoid, asp, breccia, and pyrite. You might also want to see gold in the assays. You get really excited if you see oxides. Technically that is what sideritic asp, realgar orpiment and jasper are -- despite jasper being a silicate and R and O being sulfides in actuality. Or rather they are found in the oxide area.. i.e. being alteration products of (ore hopefully) fluidized areas. "Orpiment Orpiment has the formulae As2S3 and a relative hardness of 2. It is a rare mineral usually associated with realgar. Used in dyeing but is poisonous. Distinguished from sulphur by its perfect cleavage. Jasper Jasper has the formulae SiO2 and a relative hardness of 7. It is a form of quartz usually coloured red from inclusions of hematite." Rick Russell leads Staccato's exploration and development activities. He is the former Director of Exploration for Gold Fields Mining Company. Rick led the team that made the Twin Creeks discovery in Northeastern Nevada. Now owned by Newmont, the deposit is more than 20 million ounces. Richard was also part of the team that discovered Mule Canyon (>1 Million ounces) in the Northern Nevada Rift and drilled the first holes into Pipeline in the Cortez Trend. EC<:-}