Re: Timeline on assays
in response to
by
posted on
Nov 10, 2011 12:05PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
The trenching was being done in several gold zones, meaning that it is possible to have several releases on the trenching if she desires. For example; the Zona Central trenching results could be 1 release while the Zona Este could be another. When the samples were taken from each area, they are not mixed up and become a seperate batch, that are recieved by Lori as a seperate batch. This is a huge program, and to put all the info/discoveries into one release, could take an awful long time to compile, so I think she will release each zone individually. It is also my understanding that bulk samples will also be taken from any new veins encountered during trenching, if warranted. It is also most likely that random soil bulk samples would be taken for metalurgic work and establishing a mining grade for surface areas, if warranted. The trenching is a huge program and will proove so much of the surface, that we don,t have to look at these areas again, it will be proven up on receipt of these results. I should mention that the soil samples will take longer than drill assays, hence the amount of samples and the amount of time/ personelle required to do them. Nevertheless, I would expect that results from one Zone must be completed by now. For anyone wanting to get a better picture picture of the scope of work involved in surface soil sampling, check out the work that was done on our Gold Summit property last year. That project was a little different that the Tesoro, but you should get the scope of it.
As for drilling, we may have enough holes/assays now to tell us pretty reasonably what we have in the anomalies. If the first 3-4 holes are gonna be released by theirself (instead of waiting for the complete program) this may prompt an offer if they were drilled in the big anomaly and show consistant gold grades. I know I keep mentioning "offer", and people question this, but you have to realize that we try to sell our properties and our intent is not mine them. In that sense, Lori looks for buyers and advertises the property for sale, unlike other juniors that don,t do it that way. With us, it all comes down to how much proof a buyer wants to see before making any offer. It is my opinion, due to the Quantec, that little proof may be required for a major to make an offer, as was with Arequipa.