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Message: Re: Golden Pocket Resources

Nov 01, 2007 10:46PM

Nov 02, 2007 03:08AM

Nov 02, 2007 04:55AM

ST,

Golden Pocket is not publicly traded.  They are a private company holding this property and seem to be trying to find ways to best get best value for what they have.  I have heard by the grapevine that SGR had been in discussions with them but nothing came of it at the time. 

To see the land holdings and the significance of their location, you can downlaod an excellent area map at this website: http://marumresources.com/RiceLakeMap.pdf   and select the link    Download the complete Rice Lake Gold Belt claim map (2MB pdf file

There are also maps and a bit of exploration history on the Golden Pockets website, but the activity was mostly 10 years ago.  http://www.goldenpocketresources.com/properties/bissett.php

One other point of interest was a conversation I had with the head geologist at SGR in April this year - he seemed to be of the opinion that the gold in the Rice Lake mine originated from forces on the south size of the Normandy shear, i.e. from the land area that Golden Pockets owns.   If I understood it right, I think he was trying to suggest that whenever the gold was deposited at Rice Lake, it came as liquid material pushing its way through cracks and openings in connection with the faultline (and the geology shows a main gold deposit along the faultline and then perpendicular extensions away from it), like the gold ran into fissures in the rock on the sides of and away from the faultline.  The geologist was of the opinion that there was a "push" or "movement" originating from the GPR land towards to Rice Lake Mine.  While we have little in the way of exploration or findings on the Golden Pocket land (at least that I am aware of), it would not surprise me if it also had significant gold deposits at depth.

NorthLion 

 

 

 

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