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Gold/Mining/Energy : Gallery Resources (Alberta GYR) -- Ignore unavailable to you. Want to Upgrade?

To: Terry J. Crebs who wrote (1091)	11/26/1997 2:18:00 PM
From: Kent C.	Read Replies (1) \| Respond to of 1829

Hi Terry, It appears that Gallery has no on-staff geophysicist and is depending on contractors to acquire and interpret its geophysics. I believe that is true. Sounds like Gallery is concerned that Phoenix Geophysics' previous MT and/or Borehole-EM interpretations are suspect, and has hired Lamontagne Geophysics to re-survey/re-interpret to confirm or disprove the off-hole stronger mineralization potential. Wasn't Lamontagne the company that did Harp Lake? I think that maybe from the excellant job Lamontagne did on Harp, that they've hired them to do Okak as well. Gallery's Okak results-to-date do not look very pretty. It is true that Gallery has not pulled any core indicating a massive hit in Okak, but there are still a great deal of potential.(intersected 205 feet of heavily disseminated copper-gold-silver-nickel-cobalt enriched mineralization corresponding to the location of the shallow conductor, but failed to intersect the deeper conductor.) I wouldn't right off Okak, until the deeper conductor is found / explained. As you know the geophysics of the Okak Bay anomalies and INCO/DFR's are not similar. Please correct me if I'm wrong, but Au and Ag levels were almost none exsistant in the Diamond Field's discovery. I would therefore presume that you weren't dealing with a large quartz anomaliy such as Okak. One cannot compare Okak with the DFR discovery in terms of geology or geophysics. Is there any other models we could compare Okak with? (what was Sudbury like?) Thanks for your imput Terry, it is always appreciated! Cheers, Kent