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.

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

To: hank2010 who wrote (29586)	1/12/2007 8:25:50 PM
From: Rocket Red	Respond to of 78419

The highest grade zones in hole NW-1 were intercepted approximately 150 metres below the deepest holes drilled by previous companies. The high-grade intervals are in strongly decalcified limestone within the Favret formation, which has been cut by northwest-striking, southwest- and northeast-dipping structural systems. The Favret, where it is cut by these gold-bearing structural systems, is the main NW-Cove target northwest of the Cove open pit. The mineralization encountered in these holes is open in all directions. Holes NW-1 and NW-3 are part of an initial, three-hole, diamond drilling program designed to define structural systems and to thereby drill deeper convergence zones indicated by Victoria's mapping programs. Hole NW-2 was lost and NW-2A represents the third hole to be drilled, and both are pending assays, but similar alteration-mineralization occurs in these two holes. Additional holes are being designed to further test these thick zones of alteration-mineralization in the NW-Cove target area.