In Response to Riker on Stockhouse
posted on
Nov 30, 2007 12:32PM
The Golden Mile is an Archean Gold Deposit, A topic on which I have read extensively. Unlike a porphyry deposit where you can get long intervals of consistent gold grade over huge lengths the Archean Deposits are typically vein hosted and mines tend to follow these veins. They can mine a vein for a certain distance and it can grade an ounce per tonne or 300 ounces per tonne or 20 or 45.. You get the picture.
I think what Sanjosie is eluding to by Best of the Breed is that all the indicators are there for a range of values concerning ounces per tonne, these deposits are hard to prove up when it comes to indicated resources and the indicated resources are proven up by very extensive drilling and thats is exactly what KXL will do. Many people don't get excited when the drill interval is only .6 metres or 1.5 but these veins can host ridiculous gold readings. GLTA
