Re: John Kaiser's take on where Probe is headed
in response to
by
posted on
Mar 12, 2014 10:56AM
I have replied to poster "makesence" on SH that Kaiser was talking about Hemlo mining district rather than just 1 mine.
PRB could end up with a lot more than the current Borden Gold deposit estimate (4.3Moz @ 1+gpt or some 6 Moz at lower cut-off grade, PLUS the HGZ under the lake). The next resource estimate by PRB could easily show 10+Moz.
If PRB hits something in other claims, e.g. the East Limb (Ava Claire, Ivanhoe), or a surprised hit in the SEC JV (which has been dormant) then a 20+ Moz Kapuskasing district could become a reality (just like Pezim's discovery of Hemlo), noting that Kapuskasing Gold/ the old Olympic just acquired Borden North claims (some 50km NE of Borden Gold) and Rollo property (between Borden Gold and Cote Lake).
So the potential for another gold district is there with Borden Gold as the central piece.
The is a link for a BNN interview with Kaiser, but it was for Sept 2013, talking about the same thing, link below
http://www.bnn.ca/Blogs/2013/09/12/Some-junior-mining-stocks-to-watch.aspx
goldhunter