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


To: Metacomet who wrote (14397)6/25/2006 7:10:36 PM
From: koan  Respond to of 78417
 
I am not sure what your question is metacomet?

The ore at both Telesquah and big Bull runs about the same i.e. 6.5% zinc, 1.5 copper% and 1.5% lead, 3.5 oz silver and .10 gold. And they have 7 milllion plus tons in the indicated and inferred, So one can just add that up.

What is more intersting to me is the fact they took the whole drilling crew and put them to drilling the Big Bull. This was right after they hit that sweet drill hole of 30 feet of 16% zinc, 2.5 copper, 4% lead? and 15 oz of silver and 1/4 oz gold open to the outer edge to the west. That is close to $1,000 a ton ore I think.

I think what they are trying to prove up is that the 9kms between the two mines have continuous ore "pods", lenses. They would probably be like a string of beads becasue of the faulting.

And they may have found something they really want to explore at the Big Bulll where all the drilling is taking place now.

Modern geology can tell so much now even before the drilling a lot of times they have a good idea where there is ore and just have to drill it out. The market only responds ot the drill results by and large.

If they find a new large ore body at the Big Bull that would really goose this stock I think.