Borden is likely as good as these!
posted on
Nov 17, 2010 11:24AM
These are some comments on other projects similar to Borden in grade with intersections..... I think PRB will get very interesting with the next round of drilling and will likely end up as continuous drilling over the next year....JMHO
Both of these projects are supporting very large market caps in conparison to PRB.
Kaminak Gold* (KAM : TSX-V : $3.08), Net Change: -0.04, % Change: -1.28%, Volume: 265,753 Coffee gets even hotter.
After the bell, Kaminak Gold announced additional drill discoveries on the company's 100%-owned
Coffee property, located in the White Gold District, Yukon Territory. Drilling of separate gold-in-soil anomalies in the Latte area resulted in the identification of two new gold trends known as the "Latte North Zone" and the "Connector Zone". Latte North occurs 200 m north of the known Latte Zone and Connector occurs 800 m east-northeast of Latte. The company noted that all zones begin at surface and remain open along trend and at depth. The Connector Zone yielded grades up to 5.5 g/t Au over 11 m and Latte North Zone up to 2.63 g/t Au over 13 m. Kaminak's President and CEO Rob Carpenter stated, "These new results demonstrate the Latte-Supremo area has the potential to host a number of closely spaced and near surface gold zones. Expanding and defining these targets will clearly become high-priority for the upcoming 2011 drill program."
Trelawney Mining* (TRR : TSX-V : $2.16), Net Change: 0.26, % Change: 13.68%, Volume: 1,974,212 A bright spot on a dark day.
Trelawney Mining and Exploration was a rare find on Tuesday, rallying after releasing additional
drill results from the Cote Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in northern Ontario. Highlights from the latest release include: 1) Hole E10-32, which interested 47.50 m of 1.02 g/t Au; 2) Hole E10-33(i) intersected 520.28 m of 1.44 g/t Au (0.92 g/t cut) including 1.70 m of 199.80 g/t Au; 3) Hole E10-35 intersected 12.00 m of 8.00 g/t Au and 187.55 m of 0.61 g/t Au. The release also notes that drilling continues to uncover wide zones of low to moderate grade gold +/- copper mineralization which are associated with brecciated intermediate to felsic, and locally mafic intrusive rocks. The company believes that the nature of the alteration and mineralization is indicative of a porphyry style of mineralization. Greg Gibson, Trelawney's President and CEO, said, "We are pleased with the strength and size of the mineralized intervals that we continue to encounter within the Cote Lake Deposit. Intersections such as these reported today support our confidence in the exploration potential of 3.5-6.0 million ounces of gold for the Cote Lake Deposit as reported in our October 18, 2010 press release." Mineralization remains open in both directions along strike and to depth.