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

To: Rocket Red who wrote (56558)	2/17/2008 11:04:56 PM
From: E. Charters	Read Replies (2) \| Respond to of 78419

One of the Hemlo deposits had 300,000 ounce of 0.50 ounces per ton to 500 feet drilled during the period that it was "undiscovered". The showing of the LSSZ had been found by a french prospector in 1790 and explored extensively from the end of doubleu doubleu deuce. All Pezim did was try to extend the plunge of the thing. The entire footprint of all three mines was 3 kilometres. Try as they might all the subsequent explorers failed to find anything significant on strike. It was all supposed to fade out at 3000 feet but has proved to have good depth potential, although the initial high grade (0.50 over 30 feet in width) faded after the first couple of million ounces. The odd thing about Hemlo supposedly was it was related to only 5% of CDN gold mines in that the host rock was upper amphibolite facies. Supposedly that is bad because the temperature of the rock is too high for gold deposition. The rock is almost a metamorphic rock classically. It is characterised by small tension fractures fillings of disseminated pyrite. It is like flow ore in that it runs across the whole rock. Chlorite pervades the rock mass. The fact is the rock is highly permissive i.e. sheared, although usually silica poor. Most of the gold is related classically to local porphyries and the vein itself is retrograde to a more normal gold host, greenschist facies. The high metamorphic grade might have dissuaded teck from drilling off the Superior deposit in the old days. When Noranada got involved with one mine the up and down grades had them very nervous. They needed a mini bulk sample of their entire core bathed in cyanide before they would sign off on mine development. Their deal with Schiarelli had them under the gun as they had to develop or give it back. The Kodiak thing has many times the foot print of Hemlo and lots of near surface gold. This is not that strange for this camp. Mines in this camp go to million ounces or more. But they go down to get those million. According to what I have seen this is not absolutely the only model that can be explored. Lots of surface gold in the camp. And zonal widths too. High degree of parallelism. EC<:-}