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Message: Re: Red Lake highest grade

Nov 06, 2007 07:23PM

Nov 06, 2007 07:42PM
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Nov 06, 2007 08:13PM

Nov 07, 2007 03:01AM

Nov 07, 2007 03:55AM
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Nov 07, 2007 07:37AM

Nov 07, 2007 08:11AM

Nov 07, 2007 08:29AM

Nov 07, 2007 08:38AM

Nov 07, 2007 08:42AM

Hi Burx!

OSK is developing a porphyry, which is a much lower grade, bulk tonnage style deposit. In that setting 300m of mineralization is great since they would be able to define a large tonnage. There is not much of geologic similarity to Hercules, and I posted the reference more to illustrate the behaviour of the stock as the company advanced their discovery. Most other juniors in that area are mining high grade vein structures like KXL.

As for Hercules, there may be a porphyry type deposit awaiting discovery to depth, but for now the market is excited about the potential for the vein hosted mineralization.

cheers!

mike


Nov 07, 2007 09:06AM

Nov 07, 2007 09:20AM
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