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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Message: Logging Observations

Logging Observations

posted on Nov 11, 2009 01:04AM

The report released today on the mother hole (BR09-1G) is encouraging, IMO. Firstly, I don't think management would have jeopardized Bob Marvin's reputation by releasing the report at this time if the assays to date were poor. Therefore I think the assay results to date must tie in with the report.
As I have done previously, I have compared the wording in the report with GEA's news release on hole BC 30-3 dated July 16, 2008. This is the only detailed report I can find from GEA.
I know nothing about geology but there were two key aspects in the NR for hole BC 30-3 that I looked for in the report on BR09-1G:
1. My best guess is that the bottom of the Thrust Package for BC 30-3 was at 2046m. The equivalent point appears to be 2609m for BR09-1G i.e. 563m deeper
2. The best assay result for BC 30-3 was at 2209m being 122g/t over 0.3m. Adding 563m gives us 2772m which is very close to the zone at 2726.5m in BR09-1G which is described in the report as follows:

Below 2726.5m, the hole has entered a major zone of calcite vein flooding within a

strong shear zone. This zone continues to the current depth of 2786m. This zone is

strongly deformed and complex. Vein and veinlet textures in the zone are locally well

banded and contain both cockade calcite textures and mineral banding of actinolite to

ankerite veinlet centers which are then banded outward by several cockade texture

calcite layers. Red-brown biotite veins and veinlets occur through out the calcite vein

zone. The biotite layers are commonly strongly sheared.


Here is the description from BC 30-3:
Between 2,046.00 and the final depth of 2,577.00 metres the hole intersected pervasively biotite altered mafic volcanics with intercalations of chert-magnetite iron formation. Gold mineralization occurred in zones of shearing, fracturing and brecciation with quartz veins and disseminated pyrrhotite and arsenopyrite within the iron formations.
The report on hole BC 30-1 also stated that 'Mineralized zones (are) encountered at depth within iron formations'.

My understatnding is that biotite is iron-rich.

Are there any geologists on this board who care to comment on the above?

IMHO the assays due any day now will give us some multi-gram intersections. The question is have they come across any multi-ounce intersections like the one at 2209m in hole BC 30-3? I am quietly hopeful that they may have drilled just far enough to find one.

And if the mother hole is a dud? I will be holding tight because IMO the gold has got to be there.

All the best.


Nov 11, 2009 02:55AM
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