asher-resources.com
Corporation Capital Structure | Symbol | ACN - TSX.V | | Current Share Price (May 2013) | $0.20 per share | | Shares issued | 14.9 million shares | | Public float | 9.8 million shares | | Options/warrants | 4.8 million shares | | Fully diluted | 19.7 million shares | | 52 Week High/Low | CND $0.34 - $0.10
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35 tons at 2 oz's per ton 10 feet below surface
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400001.pdf
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35 tons at 2 oz's per ton 10 feet below surface
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400001.pdf
asher-resources.com
asher-resources.com
from way back when good reading on king mine page 3
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400004.pdf
ACN The mineralized Zone 350 feet wide by 3/4's of a mile is highly mineralized altered Rhyolite
This is outcrop that came to surface
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400004.pdf
John Arnold CADirector, Chairman
Mr. Arnold was a director of Queenston Mining Inc. which was purchased in late 2012 by Osisko Mining Corporation for approximately $550M. Mr. Arnold is a natural resource executive with over 35 years of experience in lumber, oil and gas and also mineral exploration with over 20 years experience in Nevada with X-Cal Resources Ltd.'s Sleeper project (now Paramount Gold & Silver Inc.) as well as extensive exploration and development experience in British Columbia, Ontario, Quebec, Nunavut and Newfoundland/Labrador.
Richard Buzbuzian, BA.Director, President and CEO
Mr. Buzbuzian is a mining and capital markets executive with over 15 years industry experience. Mr. Buzbuzian's expertise has primarily been focused on asset acquisition, corporate finance, business-development and investor relations. Most recently, over 1.2M Au oz and $40M+ in market capitalization was added while Mr. Buzbuzian was the IR officer for New Dawn Mining Corp. (ND.TSX), a Zimbabwe focused gold producer.
Paul R. Mattinen, BSc Geo Engineer, C.P. Geo.Chief Geologist, USA
Mr. Mattinen (based in Nevada) has 35 years of precious and base metals exploration experience in North America. His expertise is in epithermal and orogenic gold, volcanogenic massive sulfide, porphyry gold and copper, placer gold, and magmatic nickel and copper sulfide systems and deposit models. He acquired Newmont's Wilco-Willard property which was subsequently dealt to Rye Patch Gold Corp. (RPM-TSX, (2.3M Au oz., $92M market capitalization). For 19 years, Mr. Mattinen was with Falconbridge and subsidiary companies where he acquired the Winston Lake zinc property with production having commenced in 1988. Most recently, Mr. Mattinen initiated acquisition of the Dumont Nickel property (RNX -- TSX) -- now over $70M in market capitalization. Since 1992, Mr. Mattinen has been a consultant evaluating and developing gold projects in Nevada and California and has been an Officer and Director for several mining co.'s including Alpha Gold Corp, listed on the TSX. Mr. Mattinen is a member of the Society of Mining Engineers, Society of Economic Geologists, American Institute of Professional Geologists, Association of Applied Geochemists, and the Nevada Geological Society.
The King Mine from MD&A
The King Mine drilling program is designed to test a 1200 m long IP chargeability anomaly with significant gold values and a coincident elliptical to arcuate magnetic feature suggesting a mineralized copper-gold porphyry system at depth. The interpreted intrusive is presumed to be a porphyry style driver for the surface hydrothermal alteration overprinted with gold values and, in itself, could host a major copper-gold deposit. Drilling will be initially focused on assessing silicified gold bearing zones in the chargeability anomaly for near surface resources amenable to open pit mining. The magnetic anomaly, a low, indicates alteration and magnetite destruction in both the host volcanic rocks and the postulated intrusion. Preliminary data from field mapping has identified a cluster of small dacite to rhyolite dikes and irregular plugs coincident with the magnetic low. These features represent either co-mineral or post mineral intrusions a feature common to mineralized copper – gold porphyry systems.
The table below lists the proposed drill sites, with alphabetical notation, orientation, number of holes, and total length for both shallow drill holes to test the near surface gold zones and deep drill hole sites to test the copper – gold porphyry target.
Site Drill Holes Inclination Azimuth Total / Site
Shallow Holes, near surface gold targets A
| 2
| -45º & -70º
| 090º
| 350
| B
| 2
| -45º & -70º
| 270º
| 350
| C
| 2
| -45º & -70º
| 090º
| 350
| D
| 1
| -45º
| 090º
| 300
| E
| 2
| -45º & -70º
| 090º
| 350
| F
| 2
| -45º & -70º
| 090º
| 350
| G
| 2
| -45º & -70º
| 090º
| 350
| H
| 1
| -50º
| 090º
| 250
| I
| 1
| -50º
| 050º
| 250
| J
| 1
| -50º
| 050º
| 250
|
all the X's are prospect locations (shafts). ..
See above king to the right. Lots there to.
yes. you were right. I can see the hot springs / cold springs on this map and the fissure ridge..
All the old timer data on King Property from 1920 to 1963
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400004.pdf
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400003.pdf
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400002.pdf
ftp://nas.library.unr.edu/keck/mining/SCANS/2640/26400001.pdf
look at the bubble ring around king mine
gold prices in 1926 and 1927 was 20.64 per oz
silver prices in 1926 and 1927 were 54 cents and 57 cents per oz |
