Predictions for next assays-part 2
posted on
Feb 23, 2012 10:14AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Hole 178:
Hole_Name | BD2011-178 |
Easting | 405858.485 |
Northing | 5156481.73 |
Elevation | 407.133 |
Azimuth | 135 |
Dip | -78 |
Length | 459 |
This hole is just to the north east of 175, on top of T2 and east of T1. Again, this should be infill drilling so expect good assays.
Hole 179:
Hole_Name | BD2011-179 |
Easting | 405869.214 |
Northing | 5156443.445 |
Elevation | 406.956 |
Azimuth | 135 |
Dip | -70 |
Length | 192 |
This hole was collard in the middle of T2. It is infill drilling again so should get some decent numbers but it was a short hole so may have been a little dissapointing.
Hole 180:
Hole_Name | BD2011-180 |
Easting | 405896.397 |
Northing | 5156494.085 |
Elevation | 405.648 |
Azimuth | 135 |
Dip | -80 |
Length | 440 |
Collard more to the east of 179, still over T2 but longer than 179. Infill drilling again but because it is longer, may be a better hole than 179 and could surprise at depth.
Hole 181:
Hole_Name | BD2011-181 |
Easting | 405931.173 |
Northing | 5156495.332 |
Elevation | 408.996 |
Azimuth | 135 |
Dip | -80 |
Length |
475 |
Collard over T2B to the eastern limit of where the RE will probably cut off. It is a long hole where only the first 100m would of been infill drilling for T2B. Good mineralization in the last 375m or so would be very positive as we are stretching the mineralized envelop here.
Hole 182:
Hole_Name | BD2011-182 |
Easting | 405923.321 |
Northing | 5156528.48 |
Elevation | 407.455 |
Azimuth | 135 |
Dip | -79 |
Length | 280 |
Collard over T2A going into T2B, moderated depth, again at the eastern edge of what will probably be in the RE. Infill drilling so should be a decent hole.
Looking at holes 174 to 182, these holes all represent infill drilling and should all be good holes relatively and all important holes for the 43-101 resource estimate. My bet is that they will wait for all these assays to be in so that they can be included in the RE. The good news for us is that because these are all infill, they should be very supportive of our share price. The company has till March 15th to get all these assays in and put out the resource estimate before the end of the 1st quarter. IN MY OPINION ONLY, I believe that this is what the company is pushing very hard for and why we will not have an RE for PDAC.
Glorieux