Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Osisko

I think people here should really do a comparison with Osisko, that is who I believe we will emulate. They have almost 12M ounces of gold but there grade is around 1.15g/t all in. The very impressive thing is that even with that very low grade, their feasibility study predicts production cost of only $319 per ounce. If all in, our deposit has similar tonnage and grade, we will all be laughing. Currently our assays seem to indicate a higher grade, even with the lower grade that we see with the drilling results. Once we correct for the nugget effect and see somewhere above 3g/t, it is easy to see when you study Osisko that as long as the tonnage is there, we will have an extremely big run up in our share price.
I highly recommend anyone interested in this play that really does due diligence take a serious look at Osisko, their historic drilling, their average grade. You will then see that we look really good here with a 20km strike length.
The volume today was excellent considering we were a beautiful Friday. Monday may see some games played but by mid week, assays should be out and then who knows where this thing goes. James West was also at the property today, anyone get feedback from his visit?

Have a great weekend everyone!

Glorieux

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Jun 11, 2010 10:29PM
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Jun 12, 2010 08:14AM
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