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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (76086)	1/30/2020 9:36:20 AM
From: Goose94	Read Replies (1) \| Respond to of 203376

Osprey Gold Development (OS-V) new 52 week high, 9.5 cents

To: Goose94 who wrote (76086)	1/31/2020 5:45:47 AM
From: Goose94	Read Replies (1) \| Respond to of 203376

Osprey Gold Development (OS-V) the first three holes drilled at its Goldenville project in Nova Scotia returned up to 107.8 grams of gold per tonne over five metres. Most of that gold came from a one-metre interval that averaged 517 grams of gold per tonne, a bonanza-grade hit that did not occur in either of the other holes. As a result, assays from those tests were considerably less appealing, with one-metre intervals in the two other holes managing no more than 3.03 grams per tonne. The longest interval, spanning 14 metres, managed just 0.4 gram per tonne, and an eight-metre zone in a second hole produced just 0.8 gram per tonne. The company nevertheless cheered the two lesser holes as indicating continued potential for disseminated mineralization on the property. Disseminated, of course, means spread widely, and that in turn implies low grades over wider areas. Mr. Quinn, president, says that he and his crew are very pleased with the first results from the Goldenville drilling, and he prattled on about the two low-grade holes, noting that "this is the style of mineralization that we were targeting with these holes." He then got around to the "spectacular high-grade results" of the third hole although he downplayed the hit, noting that "narrow, high-grade gold mineralization is not the focus of Osprey's programs." Still, the high-grade veins cannot hurt: Osprey currently has an inferred resource at Goldenville of 2.8 million tonnes averaging 3.2 grams per tonne capped, with the grade climbing to nearly five grams per tonne when the cap is lifted from the assays of the rich veins. Either way, the deposit hosts between 288,000 and 447,000 ounces, and investors clearly hope that Mr. Quinn and his crew will soon disseminate more news of bonanza-grade hits in the assays to come. Results from five more holes at Goldenville and another five drilled into the nearby Mitchell Lake zone are pending. Business Reporter