..playing on the Greens..
posted on
May 12, 2010 02:05PM
Focused on the Rice Lake Gold Belt
heading back East, from the PoundMaker mine to-wards Sans headfram you run into the old Luana gold veins. This area of geology is said to continue East for 4 km over to the old Town of Vanson. Vanson supported a mining town from 1927 through to 1935 and had gone through many mining conversions. Looking South from here for 2 .4 km you are on the same structure as San sits on. Looking North West from Sans headfram you are still on the Strike Point claims JV with San over to the Horse Shoe Lake area.Half way between Sans headframe and Hor sh Lake is Round Lake which has a lot of old gold showings. Sans geological team speculates that this perimeter of geology is a mirror of size and gives it a ten to one value in share price. SKP has done a lot of behind the scenes work to get to this point and is benifiting from Sans knowledge. I guess San must have an interest, after spending so much time on the Greens doing their DD work.
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