007 development zone
in response to
by
posted on
Sep 09, 2010 12:27PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
See the maps and note the position of the 007 develoment at about 40 meters below the 52 oz / ton intercept !!!
http://www.sangold.ca/i/pdf/2010-Sept-9-007-results_release.pdf
Note "Initial Development Underway" on the map is just below hole CD-09-007 which was 1787.7g/ton
to bad they don't post some pictures of the viens for us little insignificant sharesholders
here's the whole update:
September 9, 2010
For further information, contact: Dale Ginn Investor Relations Chief Executive Officer 1-800-321-8564 San Gold Corporation (204) 794-5818 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Initial underground development is on schedule and has accessed the 007 zone at the 240 meter (800 ft) elevation at the west end of the deposit. Over 120 meters (400 ft) of this zone has been developed at this elevation to date. New levels are being established above and below this elevation in preparation for test mining and bulk sampling. As well, the surface area above the zone is currently being prepared for an independent decline access set to begin over the next two weeks. This decline will be used to access the 007 deposit, to initially explore and develop the Cohiba deposit and to further explore the Emperor zone and historic Wingold deposit. The 007 zone is located approximately 2 kms to the north-east of San Gold’s operating Rice Lake mine and mill, is fully accessible by road and is accessible from the Hinge Mine decline. The 007 zone was initially discovered by San Gold geologists in November, 2009 and mine development towards the zone began early in 2010 originating from the Hinge Mine.