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100% interest in Kerrs gold property; Phase 5 drill program in Q2 2010; NI 43-101 resource estimate Q3 2010; along strike EXS-v recent high-grade (16.6 g/t Au over 12m) discovery

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Message: OAK-v Proximity to EXS-v Recent Discovery

OAK-v Proximity to EXS-v Recent Discovery

posted on Feb 12, 2009 10:24AM

The southern end of OAK-v and SGX-v Kerrs Property is in very close proximity to recent EXS-v gold discovery. Previous SGX-OAK drilling has focused on more northern part of Kerrs Property. Southern end has not been drill tested. However, SGX indicated mid-2008 that drill plans would be altered to reflect EXS-v discovery. IMO now that listing, name change, private placements, etc. for OAK-v have been completed we may see an announcement regarding this soon. Please see previous post of mine on SGX board regarding this. Wherever you see SGX you can substitute SGX-OAK as OAK-v is earning 50% interest in this property.

Any questions about my post? Please ask.

red911



Re: SGX-Kerrs - EXS-Eastford Lake

posted on Feb 10, 09 08:14AM

re: very close to SGX... just noticed I posted small EXS drill hole map. Here is big EXS drill hole map. The results below were wedged from Hole 7 (red line). For reference Hole 8 is approximately 800m north of Hole 7 according to previous EXR NR. SGX Kerrs property is everything North of EXS property boundary (blue border). Therefore, would appear SGX Kerrs is approximately 400m West and approximately 800m NNW (direction) of structure EXS has discovered. You can clearly see how this relates to SGX entire Kerrs property in longbomb's map here. SGX has expanded their Kerrs claims dramatically to the North (both East and West) within the last year or so. Kerrs used to just be relatively small area bordering EXS, and just a little to the North, nothing to the East or West.

Suprised not more reaction on this here. These are HUGE grades, this is shaping up to be a HUGE discovery practically on our border. Although I guess there are not may people left here to discuss. Unfortunate. Com'on SGX give us something to talk about... SGX... 'always the brides maid, never the bride' LOL. So far at least.

red911



Hole No.         From      To     Interval             Gold
(m) (m) (m) (ft) (g/tonne) (oz/ton)

Hole No. 7A 407.0 408.0 1.0 3.28 5.03 0.147
429.0 430.0 1.0 3.28 6.47 0.189

Hole No. 7B 405.0 406.0 1.0 3.28 4.50 0.131
Hole No. 7B(i) 425.7 429.0 3.3 10.83 45.45 1.326
443.0 444.0 1.0 3.28 3.03 0.088

Hole No. 7C(ii) 406.0 408.0 2.0 6.56 13.12 0.328
Hole No. 7C(iii) 427.0 430.0 3.0 9.84 142.26 4.150
435.5 437.0 1.5 4.92 1.33 0.039
487.1 488.0 0.9 2.95 1.81 0.053
492.5 494.0 1.5 4.92 1.05 0.031

(i) This interval of 45.45 grams per tonne over 3.3 metres
includes 13.245 gpt/1.3 m, 131.2 gpt/1.0 m and 1.568
gpt/1.0 m (VG).

(ii) This interval of 13.12 gpt over 2.0 m includes 12.767
gpt/1.0 m and 13.468 gpt/1.0 m.

(iii) This interval of 142.26 gpt over 3.0 m includes 272.46
gpt/1.2 m, 115.72 gpt/0.8 m and 7.245 gpt/1.0 m (VG).
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