A look at some more deposit comparibles
posted on
Feb 09, 2012 08:05AM
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
I am gonna take a new approach on deposit comparisons. Instead of me finding random deposits for comparison purposes, I will show you what the SLI website uses for comparisons. Below is an excerpt from our site;
"The auriferous (gold-bearing) quartz veins of the Nazca-Ocoña Gold Belt and at Tesoro are mesothermal vein systems related to brittle structures and analogous to structurally controlled mesothermal veins in Archean rocks. These are classic gold quartz vein deposit, comparable in geological aspects to major gold deposits such as those in the well-known Bralorne-Pioneer (BC), Timmins (ON), Kirkland Lake (ON), Red Lake (ON), Yellowknife (NT), Motherlode (CA), Kalgoorlie (AUS) districts as well as the Kolar Gold Fields in India."
So, you see in the above, that our geology of the Tesoro is being compared to,(Bralorne-Pioneer) the richest gold mine in Canada at one time, (Kalgoorlie) largest open pit mine in Australia, and (Kolar Gold fields) one of the deepest mines in the world.
Here are a couple links that you can look at what to compare with us; I urge readers to google all the major deposits that are named in the above excerpt taken from the SLI site, so you get a much better picture of the scale of what is said.
http://www.nafinance.com/Listed_Co/english/bralorne_e.htm
http://sites.google.com/site/coppermining/Home/kolar-gold-fields
So, if you haven,t already noticed, our geology is being compared to some of the biggest and richest gold mines in the world. Now why would that be?
Here is another excerpt from our website talking about the "blowout" I mentioned the other night;
"The gold bearing veins in the district tend to be typically less than 1.5 meters wide, and extend along strike and at depth for much greater distances with subvertical dips. These veins generally follow two main structural trends; 040o to 080o and 115o to 160o. The two main structural trends intersect each other at numerous points within the Property. Traditionally intersections of gold bearing structures can cause bonanza grade gold as well as “blow-outs”, which are larger volumes of quartz that fill voids created by the colliding intersecting structures."
Just so everyone knows, there appears to be very good chances of the structures talked about above, joining at/near the anomaly. We don,t know if the blowout is there, but conditions may have been favourable for such an event.
IMO