Significant gold resource - Excellent infrastructure

Camino Rojo Mexico : In-situ - 4.0 million ounces gold; 68.32 million ounces of silver.

Free
Message: Not just guessing anymore...

Not just guessing anymore...

posted on Jan 16, 2009 06:57PM

I have posted new images from the January 5, 2009 NI 43-101 to the PHOTOS section of the board. These 3D views and the block model elevation and cross-sections maps (on pages 133 to 142 of the report) showing the grade of 5-meter blocks illustrate the obvious high value of this deposit. The one elevation map that really shows this is on page 139 of the report. It shows the distribution of grade, at the near surface, looking down on the deposit amazingly the majority of the 5 meter blocks are of a higher grade category... look at all of them, right at the surface, no pre-stripping, no need to "high-grade" the deposit, the high-grades just present themselves from the surface on down!

A valuable piece of information that I have been anxious (for too long... mmm, I must be long) is how is the gold showing up in the rock. The report states that the gold exists as native gold and electrum. This is a tantalizing clue to what may be in the pending metallurgical results because there is still much to learn and we'll know more soon. The deposit could not be better configured for an open pit!

One other aspect is obvious from the block model cross-sections, Industrias Penoles (Fresnillo), our neighbor to the north, already has certain leverage in the development of this deposit. Try to imagine the shape of the red block zones on the Penoles side; a reasonable pit outline would include Penoles land and gold, IMO.

Go look at the pages I refer to, they reveal a beautiful picture of what is certainly to become a low-cost mine of substantial size. IMO the 3D model is a glorious thing.

Draw you own conclusions from the published facts, 43-101 link is in the D.D. section on the top left corner of this page, not investment advice.

Share
New Message
Please login to post a reply