Find the numbers game.....
posted on
May 04, 2011 03:17PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I know it's hard for everyone to understand what is happening on the ground...I know it has taken a lot of time and energy for me to figure it out.
The last batch of assays could be out anytime between now and....well...unfortunately I would have to say 3 months based on their track record, but I sure as hell hope we get these results within the next 3 weeks at a maximum.
The outstanding holes are 146-156. I encourage anyone who is interested in what is actually happening on the ground to open up this map link below.
http://www.goldenhopemines.com/_resources/maps/2010_2011_prelim_drill_compilation_march_5_2011.pdf
Now...zoom in and do your best to find drill holes 146 all the way to 156. They are all there, I assure you and you may be able to use a search function if you have a hard time. They aren't easy to find.
What does this tell you? Well, to me it says a bunch. First it tells me that if we get ANY results on most of these holes, we are expanding our known mineralized zone even further. This goes for T1 and 88. This will mean more tonnage.
It also tells me something else. When you look at this map you will notice a pattern of light purple lines going diagonally across the page. These are the proposed drill holes that Frank apparently intends to drill in order to get our first resource estimate. What I notice, is that a bunch of the imminent drill holes actually fall into that same pattern.
What does this mean? Well, I think it means that hopefully they have already started to accumulate the data required for the resource estimate. I believe the resource estimates are properly spaced at a minimum distance and I notice a lot of these have already been drilled.
What I like to see is that space that is outlined in red within the blue zones. I think that this is meat of what we are trying to find and therein lies your tonnage....hopefully at 2-3g/t if SGS can extrapolate the bulk sampling data.
So, the long story short is....any tidbits of gold found in the next set of assays will have significance. Some holes more significant than others as it looks like kind of a hybrid exploratory/inferred drilling pattern.
They have been drilled across strike so there should be no expectations of long intercepts for this kind of deposit.
Just thought I'd share this to help with future interpretation. Hopefully we won't be shooting blanks in the next assay batch release.....