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Message: News Release of the new drill results
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I said that I frequent the Yahoo RBY board because they have some very educated posters who are retirees from the mining industry. one of the best is a poster named "Old Miner"
Here is his take on the new drill results....
Re: old miner opinion plz 3-Feb-10 12:30 pm
hi jde. I just came in from a first go at snow shoveling with more to do so this reply will be short (but sweet...haha, I love these NR's!).
Yes, the gold-bearing system just keeps enlarging but +20%(?) Don't know about that since we don't know how big it was before...; right?
I continue to guess that the core F2 coninues to dip and trend from Zones 1 & 2 into Zones 7 & 8, with this report of gold intercepts in F2-64-W2 linked to the F2-64-W1 high-grade gold hits reported 10/22/09. I think of it (a guess) as a very long and dipping mass of gold-mineralized rock striking (trending) NE-SW, now extending from near surface down to 4,540 feet, 1,384 meters, of probable considerable thickness, containing a steeply dipping somewhst parallel system of gold-bearing lenses. Add'n drilling will define y/n on those continuity, structural and thickness guesses,ok?
The HW-3 ("another new gold zone per Mr. Adamson") and 122-40 hg gold intercepts in Zone 3 and 122-28 in Zone 5 add, with earlier high grade gold intercepts, confirm what appears a growing high grade width to the gold mineralization.
Yes, as Mr. Adamson says, and this is AN IMPORTANT UNDERSTANDING AND STATEMENT, "...our tech team has developed a solid understanding of the geological controls on the gold system....". That means the geos and engineers understand the gold-bearing system and implies the techies know where where to look for more gold. It doesn't get any better that that, believe me!
Now, I've asked PR and wait on a reply as to the status of the shaft winze, the shaft deepening project...for a progress report...what's up?
GLTAL!
An old miner
Yes, the gold-bearing system just keeps enlarging but +20%(?) Don't know about that since we don't know how big it was before...; right?
I continue to guess that the core F2 coninues to dip and trend from Zones 1 & 2 into Zones 7 & 8, with this report of gold intercepts in F2-64-W2 linked to the F2-64-W1 high-grade gold hits reported 10/22/09. I think of it (a guess) as a very long and dipping mass of gold-mineralized rock striking (trending) NE-SW, now extending from near surface down to 4,540 feet, 1,384 meters, of probable considerable thickness, containing a steeply dipping somewhst parallel system of gold-bearing lenses. Add'n drilling will define y/n on those continuity, structural and thickness guesses,ok?
The HW-3 ("another new gold zone per Mr. Adamson") and 122-40 hg gold intercepts in Zone 3 and 122-28 in Zone 5 add, with earlier high grade gold intercepts, confirm what appears a growing high grade width to the gold mineralization.
Yes, as Mr. Adamson says, and this is AN IMPORTANT UNDERSTANDING AND STATEMENT, "...our tech team has developed a solid understanding of the geological controls on the gold system....". That means the geos and engineers understand the gold-bearing system and implies the techies know where where to look for more gold. It doesn't get any better that that, believe me!
Now, I've asked PR and wait on a reply as to the status of the shaft winze, the shaft deepening project...for a progress report...what's up?
GLTAL!
An old miner
Sentiment : Strong Buy
Best Regards, Long for Cash
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