The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Re: Meeting
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Jun 05, 2009 06:02AM
1
Jun 05, 2009 06:31AM

Res... just getting back to you on your questions re: better grades at depth. It is hard to say that, just because there were better grades at depth in the San Antonio, there also will be here. This is not the same rock formation here at Jeep versus Bissett (I asked whether it is at the meeting, and the answer was that it isn't). We are about 15 kms further east, so the patterns may be different. Therefore, there is no clear answer to your question.

But, the 3D computer modelling that they are doing is going to be very helpful in interpreting the patterns that are valid for the Jeep property. They have only just begun with that, and as more and more data become known, the better the picture will fill in.

Also, another things I learned when chatting with Wayne Stebbe a few weeks ago is that the core sample size of the old drilling was quite small (I am estimating about 5/8" in diameter - they call it "pencil core') versus the core samples they get from current-day drilling (approx 1 3/4" in diameter - my guess), so the old results are less revealing. They will redrill some of the areas that showed the greatest promise to better define the data in modern-day terms.

Finally, if you go to the Wildcat website http://wildcat.ca/index.php , look under Projects, and then Map Gallery, you will find this map: Jeep Property Magnetic Anomaly Map. Look at the strength of the Magnetic Anomaly south-east of the Jeep mine. There are definitely areas of strong interest on the property, with the thought in the back of their minds that with the right results, the Jeep mine might even be revived (this was cautiously alluded to in the meeting, while recognizing that this is a speculative implication).

NL

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