Re: Re Drilling:
in response to
by
posted on
Nov 16, 2009 10:04PM
The company is now known as FUSE Cobalt.
I checked with Scott Weekes this afternoon. He is with RGC, Redstar. They are drilling between the Jeep and Goldcorp... Not sure if the access is as good as it is to the Jeep.
Their costs will be about $130 / Meter, all in.
Just as a point of intrest they are doing step outs from their previous drilling and are encountering exactly the structure and mineralization they were hoping for. Uniformity and continuety is very encouraging. Drilling is going a little slower than expected, IE the quartz vein structures they were hoping to encounter. First hole is almost done. They hope to have 4 done before Xmas and continue with a second round in the new year. Assays should come in before year end. Length of hole is determined by the structure... They drill untill they penitrate the entire complex from the control structure to control structure.
Core is just being split.... VG would be very nice!
Their partner, FRG is also drilling in Nevada and has completed their first hole... RC on top and core from the lower section.. Have started on their 2nd hole. Again they are encountering exactly what they antisipated.
In both programs the telling story will be grade and width.
These programs were started a week ago in Red Lake and 2 weeks ago in Nevada.
Nice 35% move on the Wiiiiild cat! today..
FYI