Site Visit
posted on
Aug 28, 2010 03:07PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I'd better get started.
Hoov talks about how his brain works sometimes. For me, I'll spend hours thinking about what I'm going to post and at some point I get clarity, and then I just blast through it. This is probably the first time I haven't been able to incapsulate what I want to say before I write, so it may come off bit choppy.
First things first. I've just had a chance to catch up on the many posts written since I was away and I have to say that it does worry me a bit at how excited and pumped the general tone is. I think it is very prudent to have honest expectations and to not let the Golden Dreams get too far ahead of where we are. There is a ton of work to do, and although I am extremely impressed by how much they have accomplished and am even more of a believer that this thing is the greatest deposit of gold under one claim, ever.....it won't mean squat unless we can prove that to the 'market'.
Just wanted to get that off my chest. If you are one of the shareholders like myself, who does not day trade this stock then it is important to remain focussed on the big picture. The big picture looks incredible. The near future looks like a gong show.
I for one and going to hope for a rapid ascent as we reveal our assets, but I will not expect that to be the case....and I humbly suggest others take that approach as well so as to not be disappointed, but rather pleasantly surprised.
Okay...onwards! There is amazing stuff happening here and it is so exciting I find it consumes me at all possible times.
At the site there is a road that goes from T1, T2, The Field of Dreams, Snow White, and 88. When I took my first site visit in April there was basically just a road and it looked like some work was done in the 88 zone years in the past. Everything looks much different now. It is much more open, you can see from one side to the other, the overburden has been removed and there are several sticks with flags on them sticking up out of the drill holes in various places around the property. Also, now on the opposite side of that road they have received permission to do work on that part of the property and much of that area has been cleared.
On the way back from 88 we ventured into the woods down some muddy tracks to find a large bulldozer scooping buckets out of what was already a very large hole in the ground, which was looking for quartz. At $600 per day it makes more sense to do some exploration this way to find some quartz veins and take a grab sample from that for assay instead of drilling which I think may be something like 5k per hole. While we were there the guy running the thing had told Dany that he had hit something solid which he assumed was diorite or quartz because he could budge it. Unfortunately there was about 3' of muddy water over it which he tried to scoop out a dozen times so Tilsley could see it but it just kept coming back in. Tilsley was quite excited by this potential discovery.
Why were they in this area? I guess this area was geochem'd but there was a problem with the sampling. You see, the colour differentiation on those diagrams is all relative. Red is the highest, blue is the lowest. There was one part of the geochem in this area that was so high that it would have made the rest of that entire area blue....so for the purpose of that survey they removed that part of the sample.
The drilling? The drill was on site as was also on the opposite side of the road of T1, T2, etc. This hole represented the first of 2 deep drill holes that they will be doing back to back. The plan is to drill 700m which is done on an angle so the true depth will be 550m deep. Of course Dany later said that they have ordered more drill rod to get the depth up to 800m, so maybe they will go deeper if it seems like the right thing to do. Perhaps I was asking too many questions, as Frank announced that this was now going to be called the Brad hole (he was joking), which certainly got a few chuckles. We got a few more after I insinuated that it was an appropriate name for the very deep hole, and a few more after that when my good friend chirped in saying otherwise. However, those on the site visit can call this the Brad hole because I am extremely long on GNH...so the name works. :)
This hole starts on the opposite side of the road of Snow White and is steered towards Timmins 1. This will go below all the other drill holes and should intercept several of the quartz structures we have already proven along the way.
The second deep drill hole (I'll name in A-Hole, after my friend) will be parallel to this one, about 50 metres towards the 88 zone and it will go under T2 (and l am also going to assume part of Snow White, but not at great depths).
After this I believe the drill is off to Laval's Mountain for 3 holes, which will be a first in that area. This is obviously an exciting place to drill because it represents the far East side of the claims. Let's just say that if we get VG here, I will allow myself to start having occasional daydreams of vast wealth as it would connect the dots to this being a legitimate gold Belt. I also may never sleep again (although this is going to take some real time and money to prove it....so patience is required). I promise to keep those dreams to myself.
Ok, I'll send this one off. Probably halfway through the stuff I took notes on. My weekend schedule is stupid and a wedding to attend tonight so I expect I'll get the rest out by tomorrow night.
B