Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: GNH's operations

GNH's operations

posted on Jul 14, 2008 10:25AM

Saw this posted on another board and thought it was highly relevant here.



GNH has a multitude of targets and projects which fall under the scope of the same region in Quebec. FYI all of my info is substantiated by what is available on the website.

Firstly, as you mentioned, there is the Timmins coarse gold deposit. As you said, this is close to surface and easy to mine free gold. Timmins has been known for a long time now and needs to be proven up. Based on results from last year, we are probably looking at 1-2mm oz at 4-5g/t. That is good stuff but not a company maker. They think that the deposit extends and that there are other formations like this in the region.

But the Timmins story has not excited people for a while now and GNH has thus shifted the bulk of it's efforts and resources to the Serpentinite deposit which are understood by the company but fully new to the investing community.

The Serpentinite targets have a good deal of historical data which has helped establish what/where the drill is going. Go back and read the last few news release and you quickly see that there is clearly confirmation of the presence of gold in the region, but also nickel, copper, cobalt and other precious metals.

The sheer size of these targets is what is crazy. The first target has up to 25km of exploration potential on it. All said and done there are 10 Serpentinite targets with an accumulated 100km of "contact zone" which can be drilled. These numbers are atonashing. Usually in a region like this, there are 10-20 exploration comapnies oin at it, GNH is all alone.

The take away is that the potential is mind blowing.

Inform yourself, read the webpage or contact someone at the company.

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