Joined the Party

Exploring for gold and base metals in the Abitibi Greenstone Belt

Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date

Reply New Message

Prev Message Back To Forum Threaded View Next Message

jrichm99

Rank: President [?]

Points: 9238 [?]

Votes: 159 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Joined the Party

posted on Apr 06, 2009 08:01AM

I have been watching the developments along the Porcupine-Destor Fault in Quebec for sometime now as a shareholder of Clifton Star. EXS has very promising ground just to the west of Beattie/Donchester mines being drilled by CFO.

I like EXS because of its recent hits and because of the share structure, not diluted to 100's of millions of shares, CFO has 23,000,000+ shares out.

While the lithology on the East Bay property is not identical to Beattie (syenite intrusive on Beattie/Donchester) all of the structures that host BeattieDonchester, Dumico, Duquesne and NMB's Pit Gold run to the west through East Bay. Here is a link to a paper from the Quebec geo survey that describes the potential for discoveries at depth on this section of the Porcupine-Destor fault.

http://www.mrnf.gouv.qc.ca/english/m...

Many similarities and while the syenite is not exposed at the surface, faults have a way of mixing up lithologies along strike. Other intrusive bodies exist on East Bay that are very prospective IMO.

CFO is due to release an updated 43-101 resource that some writers say could exceed 3 million ounces. A wire frame model of the CFO drilling will accompany the 43-101 and may give some insight on what may lurk at depth to East Bay claim block.