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

To: Robert A. Sutherland who wrote (1095)	11/26/1997 3:20:00 PM
From: Kent C.	Read Replies (2) \| Respond to of 1829

Good question, the "ghost" readings could potentially be an ore body, (best situation), or graphite (worse situation). I think graphite may have been already ruled out (with the information from the drilling and geophysics), but that doesn't mean that the conductor will be an economic substance. The downhole EM should greatly improve the accuracy over the surface grids (the EM doesn't have to go through all the over burden). I don't know of many outfits that do have an on-staff geophysicist (very expensive), I would assume that all the majors would have on-staff geophysicists, and a more advanced project would probalby warrant one. (ie. if a company pulled several DFR style cores) The only comparison I've seen on Okak is with Sudbury (from Gallery's website): The report on the Sudbury ore body also states that "detection of isolated, deep, highly conductive ore bodies are improved, when they are linked with regional features such as conductive faults or large scale alteration or dissemination halos". At the Company's Okak Bay property the conductive anomaly is sited along a fault zone and there is an alteration halo of silica, carbonate and chlorite as well as disseminated mineralization observed in drill core obtained in the 1996 drill program down to a vertical depth of 850 feet and immediately above the conductive zone.