SI
SI
discoversearch

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: E. Charters who wrote (61412)10/2/2008 1:20:25 PM
From: AuBug  Read Replies (1) | Respond to of 78417
 
I find a line in VIT's PRs that baffles me, "Victoria's core is transported from the drill site to the core logging/splitting area by a Company geologist." Every case of gold mining fraud I can think of was perpetrated by geologists, e.g. the Bre-X geologist that went flying out the helicopter door high above the jungle and his accomplice Felderhof presently living the high life with his stolen money in the Cayman Islands. Or, most recently John Paterson of Southwestern Resources. I'm sure you can think of many more. Telling me that a geologist drove the delivery truck does nothing to instill confidence in their data.

I think there are far more important things to disclose to instill confidence in their results, e.g how was their diminution done and what is the resulting statistical confidence of the final sample they had assayed? I.e., was a Safety Curve used properly in the assay process? Etc etc...

Not saying there is anything suspect about their results. I can understand geologists not knowing proper methods for resource determination but they have a mining engineer as their CEO and that's supposed to be their bread and butter. Maybe they don't think anyone reading their PRs can understand such jibberish so they dumb it down.

Also of note is to see that NW-9 appears to have intersected the Helen Zone about 300 feet away from their glory hole NW-5:
vitgoldcorp.com