Multi-Metal Company Exploiting Prominent Ontario Regions
Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)
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Message: News - Financing

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in response to Re: Financing by luvthejive
posted on Oct 24, 08 08:32AM

Loveland - most important due to the significant width (although low grade) intersections of nickel, copper. The new gold intersections add an interesting twist although the grades need to be a bit higher to be economical.

Horwood - important due to the gold intersections. Once again.. not fantastic grades, but additional drilling could outline a larger intersection/resource. Gold is the only metal which is holding at a profitable stage.. with this crazy market conditions.

Ajax was beleived to be significant (hence why it was used as a major promotional bid and optioned adjacent ground for 1.3 mill, but after the initial drilling... and sampling.. it would seem they have dropped interest in this property.. as they have backed out of the 1.3 mill option deal... and the core is still sitting in the coreshack somewhere.

If you dig through the MNDM for data for some of the other properties.. you will see indications of interesting showings/past results, but very grass roots. AGX is attempting to bring them to the next stage by producing quality analytical data.. and drilling them off.

Quaz.

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