InvestorsHub Logo
Followers 189
Posts 90315
Boards Moderated 4
Alias Born 07/18/2006

Re: daleb2130 post# 142508

Tuesday, 07/22/2014 11:00:42 AM

Tuesday, July 22, 2014 11:00:42 AM

Post# of 173236
Thanks Dale--that appears to be it...I was hoping the location was included but it's not...

they say some people can move mountains---the two holes I was looking for were drilled in Feb 1998---JB moved Hay Mountain in 1999--no wonder I couldn't find it --tricky devil LOLOL

Feb,1999:



Over the last three months, 30 years of data has been compiled on JABA's Hay Mountain project using a computer geographic information system (GIS) data base. Those who follow JABA's news releases will remember that JABA had a joint venture with Phelps Dodge on this
project, however, Phelps Dodge dropped out upon their corporate decision to drastically curtail almost all exploration within the US and Canada. JABA retained all the property and data generated on the project. Compilation of this data, as well as new aeromagnetic data purchased by JABA indicates that older aeromagnetic anomalies were mis-located, prompting the mis-targeting of all subsequent work. JABA has found that:

1. There is a substantial aeromag high approximately 3.5 miles long, probably representing a porphyry copper-gold style intrusive at relatively shallow depth;

2. This hidden body is surrounded by a distal, sub-micron gold halo, symmetrically arranged around the magnetic high (values as high as approximately 1.5 ounces have been obtained from silicified zones at the surface in the limestone host rock);

3. A circular structural anomaly is apparent on rectified color photo mosaics surrounding both the mag high and the gold zone (this appears to be a structural feature related to the intrusive activity); and 4. Significant soil anomalies in gold, arsenic, and mercury are also present in the
distal zone. Jim Briscoe has prepared a comprehensive Power Point slide presentation on the Hay Mountain project encompassing the geologic, geochemical, and geophysical aspects of the property. During the last week in January, in conjunction with the Cambridge House Investment Conference and the Cordilleran Round Up in Vancouver, Jim presented this information to a variety of major and intermediate companies. The information was well received, and JABA expects to be conducting field visits this spring.





Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News