Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: Snippets from NR

Snippets from NR

posted on Jan 18, 2008 05:29AM

I for one am very optimistic about the surface stripping and channel sampling... and am prepared to wait even through a price slump, although I think we just experienced it. JMHO

Sage also continues to explore the possible extension of Kodiak's Golden Mile on the Eastern portion of the Jacobus claim block. Sage has completed the interpretation of an aeromagnetic survey that was finished in December 2007. A prominent magnetometer high occurs on the property and within the high there is a northwestern trending low which may reflect a structural or lithological break. Kodiak has published similar data pertaining to the Hercules property. Line-cutting, road building, surface stripping, channel sampling and drilling are planned to explore the gold potential on the eastern part of the property. Kodiak reported "2.9 m Grading 203 gpt (5.92 opt) Gold" from drilling on the Golden Mile on January 14, 2007.

Share
New Message
Please login to post a reply