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AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

SONOMAX completes $3 million equity financing Caisse de dépôt et placement du Québec contributes a significant portion of financing

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Did anyone pay attention to this part of the release?

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Did anyone pay attention to this part of the release?

posted on Apr 07, 08 10:26AM

 

Very very significant and very subtly worded but very significant in meaning: Highlighed emphasis mine.

"Assay results from Hole SD-08-33 are currently unavailable, however, visual observations made on core are very encouraging. The environment of mineralization intersected includes semi-massive and massive sulphides as vein infill with associated sulphide replacement of adjacent marbles; increasing vein widths up to 2 m (core width) and a new mineralized vein structure at the diorite/marble contact.

 

Visual results from Hole SD-08-33 suggest continued improvement in the mineralized system at depth with strong vertical continuity of the main veins, increasing skarn alteration and contact metamorphic effects; and potential for more extensive replacement sulphide zones at even greater depth along the diorite contacts.

 

Assay results and visual observations from the most recent drill holes point to the need to conduct deeper drilling. The actual drill rig utilized to complete Phase 3 drilling not being adequate to perform deep holes, the joint-venture has decided to end the Phase 3 program after Hole SD-08-33. A minimum 5,000 metre follow-up Phase 4 program utilizing a more proficient drill will be undertaken shortly.

Ba - Boom!!!!! No one is paying attention!!!!!!!

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