Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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Message: Some Thoughts on UC

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Re: Some Thoughts on UC

posted on Oct 07, 09 09:15AM

I did post maps, and I did locate the vicinity of the holes, but I did not show exactly where they were, because I don't know that detail to this day. I have uncorroborated evidence that Noront drilled five holes adjacent to the UC bullseye target that is presently being discussed. Those holes should have been reported in Noront's MD&A covering that period, but they were not. When pressed on the subject, Noront's IR representative finally acknowledged that holes were in fact drilled, but she only acknowledged two holes. When asked why those holes were not reported in the MD&A (the bare minimum required by law), she answered that the reporting deadline did not permit it. However, in the same MD&A, dated I believe to cover through April 30/09, they also reported exploration results covering other preliminary (i.e. not on the Blackbirds/Eagles/AT12) target drilling through August '09. So, all we're getting from Noront is evasion and denial. In JJ's defense, as an IR representative with no real mining background, or intimate knowledge of company activity, she can only report what she has been told.

Lar

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