Exploring for gold and base metals in the Abitibi Greenstone Belt

Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date

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Message: SOMETHING IS BREWING?

 

I have spoken with Chris Dupont on three separate occasions in the past week. During those brief chats, I kept asking about his two trips to Toronto. Even though I thought he might share his thoughts and progress, the meetings he had must be of a very sensitive nature, as he would not even offer a clue. All he keeps repeating is that shareholders should be very happy once the dust clears. I continue to believe something big is brewing that will have a positive impact on us all. We can speculate all we want about individual properties, or the Company as a whole, but given the absolute gag on information flow, that seems moot at this time. Should any of my sources throw any light, Ill report what I hear immediately. In the meantime, work at the Companys Timmins Porcupine West (TPW) GOLD Deposit is winding down. To date, existing Holes #109; 101; 102; 103 & 104 have been deepened to 600-650meters, with the exception of #109, which was deepened to about the 850meter level. Four new Step-Out holes were drilled as well, denoted #124; 125; 126 & 127. #127 is still in process, but the other three were drilled to depths of 600-650meters. Most of the new core has been logged, sawed, and shipped to the lab for analysis. Ive heard a number of shear zones were intersected, so Im optomistic about the results. The prevailing theme during previous drilling by the Company was lower grade GOLD near surface, and higher-grade GOLD at depth (beyond 450meters). However, by tightening up this section of the deposit, Dupont is adding ounces to a brightening Open Pit scenario, with substantially less cost to production. That will make the TPW much more attractive to whomever he may be having discussions with? Chipping & sampling at East Bay continues as well, as geologists investigate various outcrops in the northwest section of the property, in the immediate vicinity of the old Consolidated Beattie and Donchester GOLD Mines, which produced over 1.0 million oz of GOLD between 1933-1956.

 

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