Kerr,s

Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Kerr,s

posted on Apr 03, 2008 12:51PM

Last Oct no one was talking about Onoman Lynx and Gold Hill, i figured it was a sleeper play. Gold Hill i now believe maybe a company making project in time! The focus was Jacobus.

Right no on is talking about Kerr,s, take a good look at her and give it 2 months and we will be talking kerr,s, also now no one is talking about Jacobus ni cu, another 2 months or so it will be back in vogue

Kerr,s summary ronny whats your take? TIA

Sage has completed 7,000 meters of drilling conducted in Fall (2005) and Spring (2006) programs. The company has discovered a gold system that has been defined by 14 drill holes arrayed in a 200m x 200m pattern piercing a shallow dipping synclinal fold structure. The results of drill holes K-06-08, 10, 11, 12, 13, 14, and 16 indicate that the green carbonate quartz breccia zone and mafic replacement zones can be traced for over 1,200 metres. The down-dip dimension of the fold structure has been traced to depth along a curvilinear inclined plane from 150m to 750m. The system is open to depth from surface and along strike to the northeast. Gold mineralization occurs as pyritized breccia margins within enveloping sheeted quartz carbonate veining in the central portion of the breccia zones. Gold is primarily associated with fine (1 to 5%) pyrite grains disseminated within veins and altered mafic volcanics. Coarse gold also occurs in sulphide-poor quartz veins as observed in K-06-13 returning 27.8 g/t over 0.5m. The Kerrs gold system exhibits gold grades between 2-5g/t with evidence of high grade sections such as exhibited in K-05-01, K-05-07, K-06-10 and K-06-13.

High grade gold-quartz glacial boulders, recovered down ice from Bell Lake south of Kerrs property, have been assayed for gold / silver and analysed for multi-element ICP. Results show background levels of arsenic, copper, chrome and boron with enrichment of lead, consistent with typical analyses returned from the green carbonate breccia mineralization encountered in the Kerrs Gold system. High grade visible gold in this boulder sample assayed 91.5.g/t gold and 23g/t silver. The gold/silver ratio is also similar to the higher grades observed in K-06-01. There is compelling evidence that the “East Ford Lake Gold boulders” were glacially eroded from subcroppings of the “Kerrs Gold System”, possibly below and on strike of Bell Lake.