Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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

Free
Message: Re: More on dry stacking
3
Dec 03, 2011 12:47AM

I,ve been thinking. Someone here about a year ago mentioned the size of property needed versus the depth for an open pit to work correctly. I believe I mentioned back then that an oblong pit could be designed. On second thought, due to more info, I believe we should try to get as much as the property bordering us on the western side as possible. There is one informale property there, but maybe this guy could be bought out. The other property on the west side, doesn,t appear to be staked by anyone. I dont know why this wasn,t staked when we got the other new properties. Maybe there are ongoing staking claims by us, I see it took many months to get our last new claims.June goldfields (a Chinese company)is on our east side and most likely won,t leave that property go.

Not only would it be nice to have that extra room as an attraction to a buyer, it looks to me it contains gold bearing veins from looking at the Quantec images where it over ran our property boundary. Maybe thats why Lloyd and a couple others have gone to Peru? Our main property now is a little over 2 km wide, we should have at least another km on that west side. Another thing to consider would be the new staking shapes. The new staking shapes now are square and follow the northing and eastings. Our original Tesoro was staked on whatever shape the staker wanted, within reason. If we were to get new claims on the west side, they would be of a different shape, and would require more blocks to get the desired portion. Some of them would overlap at approx 45 degree angles onto the original Tesoro. I read though, that old irregular shape claims are grandfathered in, and that any new claims that interferred with these claims, would lose that irregular part of the claim. A good understanding of this can be viewed by looking at the shapes of our new claims on the map in the photo section here, and you will see what I am talking about. The photo section is under the link library tab.

Share
New Message
Please login to post a reply