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

To: tyc:> who wrote (62606)12/23/2008 9:28:57 PM
From: tyc:>  Read Replies (1) | Respond to of 78421
 
FWIW:

From a book on the discovery of Hemlo: (Golden Giant by Hart)

"Hole 76 would turn out to be one the most important holes that any geologist has ever drilled in Canada. (all earlier holes had been low grade.. tyc).... Hole 76 bit into the richest zone of ore that Canadian gold mining had ever known. intersecting that steeply angled shelf of fabulous rock at a depth of 336.5 feet. For a distance of 10.5 feet the drill bit through the ore and then out into the schist beyond. The 10.5 feet of ore graded 0.209 ounces of gold per ton." EOQ

.209 ounces per ton = 6.5 grams per ton or 7.28 g per tonne, I believe. Should we pay attention to a discovery hole of this grade ? It sounds modest, doesn't it ?



To: tyc:> who wrote (62606)12/23/2008 11:22:19 PM
From: E. Charters  Respond to of 78421
 
The first Timmins orebodies were in conglomerate, not volcanics or porphyry. Porphyry was nearby but was not ore.

The first 50 orebodies of the Dome were in conglomerate near the greenstone nose. Same with Pamour.

St. Andrews has the same conglomerate. In my opinion they did not do enuff work at depth. Gold price etc...


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