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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

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Message: Golden Mile - Lucky Strike...

Hr08-312-02_thumb_1_
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Re: Golden Mile - Lucky Strike...

posted on Jul 22, 09 08:50PM

If you check out the updated Golden Mile Long Section on the website front page you can see how far away HR08-297 is from the other drilling. It did intersect some gold but no quartz vein! That's why they think it's part of a mineralized halo. They have a lot of infill drilling to do before they get down this deep again. You chase the gold from shallow to deep with infill drilling. In general the higher grades will be in the vein and the vein geometry varies in thickness and dip. It may not even be present at the location the drill is expected to intersect the vein. It will be interesting to see how deep they drilled on this current program. They're at the stage in my opinion where one good intersection on a significantly deeper drill should ignite the rocket fuel.

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