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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (40)10/28/1998 11:18:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
Kidl,

To my knowledge, drilling has started according to NR dated October 15th...or if it has not yet started, it will anyday now.

Based on the initial drill holes, this Alamo Dorado property is really promising. The deposit has some 500 meters of strike lenght, 70 meters width and a depth of 80 meters or so.. Depending on density over there , it could be already indicating some 5 millions tons grading 115 g/t silver equivalent... That could be close to 15-20 millions ounces of silver equivalent, if my calculations are OK.

Now they are drilling to expand along strike and down deep. If they are successful, the tonnage could increase 2X or even 3X...

I am still in the learning process on BAY...but so far this one looks like an interesting play.

Sister company Macmillan Gold looks also very much interesting.

CC