Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: CAN vs. GNH
1
May 15, 2012 09:58AM
9
May 15, 2012 11:31AM

It is hard for me to understand how the quality of holes that they produced and the number that they produced ended up with 1M oz. Comparatively they drilled 440+ holes at around 112,000m. To date Golden Hope has drilled approximately 100 holes and around 33,000m. I would also have to argue that the overall quality of holes from Canaco have been better, but as has been discussed this is largely be attributed to the nugget effect and the RE hopefully will mostly be based on the envelope dimensions that have been identified. Before seeing the Canaco RE I thought that 600,000-700,000 oz would have been fairly easy to prove. I'm definitely a little more sceptical now, but I'm willing to wait and see.

Thanks for your response.

4
May 15, 2012 02:20PM
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