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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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

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Message: Re onsite report.

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Re onsite report.

posted on Nov 09, 09 11:05AM

Echoing the sentiments of others here, I thank you very much for the on-site update LongSFMI. It is always most appreciated.

I’m glad to hear that the transportation of construction materials and tailings can proceed via the temporary driveway. The build up of the stockpile of new tailings from the mountain is also positive since there is the expectation that they are higher grade ( than the average grade of5-7 gms/ton of those at Melba)…which can only be very promising.

Pouring the cement pad won’t be a problem even if the weather gets colder, although I am not sure what the average temperature ranges are at this time of the year and going into December. It only makes sense that the generator will supply enough power to sufficiently heat the mill and the water supply in addition to the requirements of the processing and the on-site office. Knowing that the manager of operations has his shit together and that SFMI will very soon be a producer of gold and silver bullion is most edifying indeed.

There are so many onsite and other upbeat factors now about this project that you have so credibly identified for investors, it is difficult to see the stock now trading at least ten times below where it should be… at least 60 cents/share. But that is another story that we have all discussed here and that should also be changing soon given all the macroscopic factors.

I’m sure we can all look forward to ongoing, rewarding news and stock performance over the next few months.

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Piper and Laney's report on the WEM area, Geology and metalliferous resources of the region about Silver City, Idaho: Topographic and geologic map of War Eagle and Florida Mountains (1926). This re... read more

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