I know, it´s early in the game for PEX, but let´s compare their discovery hole to that of Underworld (Golden Saddle) a couple of years ago:
1. Underworld:
This initial discovery hole at the Golden Saddle Prospect encountered a shallow dipping quartz breccia vein associated with a thrust fault.
Drill hole WD-004 intersected 4.03 g/t Au over 19.58 meters, from 12.99 meters, including 9.43 g/t Au over 5.76 meters. Drill hole WD-005 intersected 4.58 g/t Au over 16.61 meters, from 14.74 meters, including 11.62 g/t Au over 5.13 meters and including 19.14 g/t Au over 2.65 meters.
2. Pacific Ridge:
Pacific Ridge Exploration Ltd. reports that its first diamond drill hole has intersected 2.44 grams/tonne (g/t) gold over a 38.9 metre interval that includes 6.44 g/t gold over an 11.1 metre interval at its Mariposa Property in the Yukon's White Gold District.
So, we have 78,9 gram-meters for UW and 94,9 gram-meters for PEX !
Lower grades for PEX but longer intervalls !
Good start on the FIRST hole with ALL three reported holes being mineralized !
Well done, PEX !
FANTOMAS