The story is almost certainly going to grow as the day and weeks past and one chapter may have been quietly developed in a research report issued yesterday by LOM on SQI’s joint venture partner Richfield Ventures on their Blackwater Gold project. RVC can earn a 75% interest from SQI on this project. In this report, LOM said:

“We believe that the Company has the potential to outline a large open pit gold deposit located in BC. We are relying on the results of about 60 holes of historical and recent drilling by the company. They show long low grade potentially economic intersections. We calculate an estimated potential gold resource of 4.25 million ounces may be outlined by the company after the proposed drilling campaign is completed…”