New Geological Model

Recent geological work has focused on the structural component of the deposition of the gold bearing veins as being the primary reason for their location. Past operators and explorers had focused on the hangingwall or north portion of the host “gabbro” unit due to a belief that a slight chemical change in the host unit contributed to a greater concentration of veining and gold mineralization on the hangingwall side versus the footwall or south side. San Gold and consulting geologists now believe that the vein deposition is mainly structural in nature and should be prospective throughout the entire 200m (600ft) thick host unit. The result of this profound change in interpretation is that the entire thickness of the host unit from surface to maximum mine depth (currently over 1.9 vertical Kms or 5500 ft) becomes prospective for veining and gold mineralization. .....Traps7