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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Yesterday's NR

Yesterday's NR

posted on Feb 26, 2010 01:49PM

Hi fellow VITs - don't know if you have checked out the website: http://www.vitgoldcorp.com/ for the drill schemata for Santa Fe - but it is current (Go to the What's New on the Website bit about half-way down on the right side). This is cool, as in the past it often seemed that they didn't have it ready to show this at the time of a NR.
You can easily see that the boys (Raul and Marcus and team) are homing in on what looks to be a big system that is virtually continuous to quite a depth once they hit the initial mineralisation - yeah, maybe not bonanza grades...but looks like more than enough to be a big money-producing pit even now. We just got news of BH-4...but BH-5 is almost done (and it shows it on the map...looks like it follows almost the same path as BH-4...but check out the depth!). It also shows BH-6...which is the new hole that the second rig is currently on. BUT there is something else going on...in the NR it mentions "KR-1" at the end of the blurb...I hadn't seen a KR attribution before...this is evidently the first shot on a new target VIT team has defined on the same property - and this hole is done, so we should maybe hear about it soon.
And there is still that elephant in the room up at Eagle to go yet too. These guys are rockin' - and I think that we should be both pleased and excited.
El D

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