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Rusty Ridge Note the breccia, is now known to be ore....What was Ken looking for "The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly." from PR
next four clips from http://www.science.org.au/scientists/interviews/w/woodall.html
http://theolympicdamstory.com/Extract.php
Haynes says everything possible was done to keep his research from the prying eyes of competitors
Ken Stead, and Timothy Froude first found South Lucky while working together at Cornerstone...
List of personnel:
Stead Ken, prospector, Cornerstone Resources Inc
Stead Tim, prospector, Cornerstone Resources Inc
Froude Timothy, geologist, Cornerstone Resources Inc
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch2/NFLD_2778.pdf page 38
Elsewhere, the most promising area identified by this 2001 work program is the region located north of the town of Port Rexton. There, it is recommended to extend the soil-sampling grid to the north and east and also to test the geophysical techniques. Next summer, the area should be mapped carefully since the geological knowledge of the region is very poor and at the end, the best targets developed should be drill tested.
page 32 South Lucky
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch14/NFLD_2832.pdf page 25 Fifield pit minerals..
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2004/obrien_king2.pdf page 220 personal communication T Froude...to S Obrien...
Handcamp the core of BVIG So the USGS and the Newfoundland government
The guys that did the drilling that work in the newfoundland geo department.....The link is clearly two different styles of gold deposits...and is clearly from 2010
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/pdf/Prop%20for%20opt%20Map,%20Island%20Mar.%202010.pdf
So who did the report on Falconbridge in 1980 J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
Who is Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html
So if you read back when the cores were sent out by Falconbridge in 1987 (?) the did the resource estimate on a small number of borings and a small area but this was still enough to be listed buy the USGS and now its deeper and larger... and combinded with other minerals
So who had North Lucky for a short while...Falconbridge
What makes this property so special
It's a gold property, but the type of gold property is special Handcamp is a very unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. They are known for their high tonnage, high quality gold deposits. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.
Handcamps special and rare nature has already been prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, CU, Ag numbers.
Hows BVIG's Handcamp property stacks up against a similar mining company. Anaconda Mining is located right down the road from Handcamp and currently is mining their Pine Cove gold property and has already brought gold to market from their site.
Anaconda has completed a NI 43-101 technical report on their Pine Cove site and has been actively mining it for the past 2 years.
Here are the results of Anaconda's test drill 43-101 report on their "Pine Cove" Gold property.
probable mineral reserves of 2,332,676 tonnes at 2.76 g/t
And now here's Handcamps results ONLY from surface samples.
158g/t Au, 94g/t Au, 82g/t Au
As you can see, BVIGs Handcamp property is showing far more gold in just the surface rock than what Anaconda is getting from it's actual mining. This is one reason why people are so excited about BVIG
Well if KATX was on the schedule for 2013 and all these other projects have problems then some other projects have to move up the schedule with the board..... so sooner than I thought before.....
they have 8 billion to move a projects ahead of were they were previously scheduled. I also does not hurt that the person now running Vale was from VEC
Handcamp the core of BVIG So the USGS and the Newfoundland government and ERock are in on the scam..and the guys that did the drilling that work in the newfie geo department....what they are in on the scam too....The link is clearly two different styles of gold deposits...and is clearly from 2010
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/pdf/Prop%20for%20opt%20Map,%20Island%20Mar.%202010.pdf
So who did the report on Falconbridge in 1980 J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
Who is Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html
So if you read back when the cores were sent out by Falconbridge in 1987 (?) the did the resource estimate on a small number of borings and a small area but this was still enough to be listed buy the USGS and now its deeper and larger... and combinded with other minerals
So who had North Lucky for a short while...Falconbridge
Quote:
Yea I bet thats it....SSC deposit same horizon as Blue Point less that 7km away..... has lots of copper...and gold....you may be right....about the gold part..... Thorson is right about the African Copper belt....which are the same rocks that Rusty Ridge has......
http://www.cornerstoneresources.com/s/Newfoundland.asp?ReportID=386493
Blue Point prospect located on a coastal cliff in the northeast part of the property. Continuous chip sampling across the reduced mineralized zone at Blue Point returned 0.54% Cu and 7.2 g/t Ag over 25.5 m, including 0.93% Cu and 13.02 g/t Ag over 13.5 m. In 2001 and 2002, the southwest strike extension of the Blue Point zone was drill tested, with two holes intersecting significant copper grades including 0.8% Cu and 7.7 g/t Ag over 9.69 m in hole RC-01-01 and 1.0% Cu and 12.1 g/t Ag over 14.25m in hole RC-01-02. Although other holes encountered narrower and weaker mineralized zones, the drilling confirmed very good continuity and thickness (30-37m) in the favourable reduced units which have been tested only over 3.5 km of their approximately 20 km total strike length.
Dr. Jon Thorson, Cornerstone's consulting geologist and expert on SSC deposits, sees many favourable comparisons between the Red Cliff area and the prolific Central African Copperbelt, also of Late Neoproterozoic age. Given the existing level of exploration, Cornerstone feels the area continues to hold good potential for discovery of a significant SSC deposit.
Rusty Ridge it appears was moved in to BVIG so maybe it is a IOCG after even when it was a Cornerstone property they found the Iron and the Copper....all that was missing was the gold.... and now its in BVIG KAT gold......
Your Source Without seeing the rocks that is as far as I can go.
Might as well have said he slept at a Holiday Inn...once....
http://investorihub.advfn.com/boards/read_msg.aspx?message_id=69342661
Sorry B402 if you could tell you had an OD deposit with just 2 holes we most likely would not have an OD deposit...it took until the tenth hole to prove it with cores....they missed but we have yet to see the results of the complete cores from the 2 holes KATX has yet to issue the core results.. but they know much more than the geo that drilled OD and have their program off to a great start IMO....
Thanks 955 with you 100% and now soon we may hear the rest of the story....been waiting a long time....for the whole report to come out...
large tonnage sediment-hosted stratiform copper deposits in this region
glaciomarine/glaciolacustrine laminated dropstone diamictite
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf
RR PR part II Coming up IMO We had a limited PR last year now more shareholder know what to look for no more panic... Note the breccia, is now known to be ore....What was Ken looking for "The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly." from PR
next four clips from http://www.science.org.au/scientists/interviews/w/woodall.html
http://theolympicdamstory.com/Extract.php
Haynes says everything possible was done to keep his research from the prying eyes of competitors
Great Job Tink,
You can see that in 2002 they just missed....Cornerstone did not pass over Lucky they did not find it yet...The South was drilled in a JV between Cornerstone and Noranda I believe....the drillbit broke ..it was in the middle of the winter..and the Christmas season was apon them along with a big storm....they quit..and concentrated on red cliff I believe That why the call it the North Lucky...Lucky the drillbit broke......Notice Clarenville in the bottom left hand corner....Leon Normore is headed back there in 2011 for his 3rd year report on the Bona Vista...
They found nothing...but massive copper their drill program was minimum they could go out on the cliff... for a company of Vale and Cornerstone size 6 2" holes..even with all that.the drilled in the wrong spot their consultants told them so in there reports nothing but they have kept the claim........LMAO.....Cornerstone keeps looking worst and worst as this goes on. No wonder Ken left....Notice the deep of the red beds...the layers on the Normore report the copper horizon runs accross the penisula..Some of the copper at over 3 % (The North Lucky Pr is only 2.5 ) Notice the amount of cover on the copper and how the section shown to the NE start going back down hill... KATX dug their trench with a BACKHOE no drilling 2 meters down...copper all over the trench.... Much was made of the bad results of the seventh hole....they even ran out of water... Wonder why so much effort went in to reporting the bad result of the one boring.......hmmmmmm.....
Rebeds of the Bona Vista...notice the copper percentage Page 18 http://www.nr.gov.nl.ca/nr?/mines/geoscience/publicat?ions/currentresearch/2010/?hinchey.pdf
Excellent work by Tink...but what I find most interesting is a quarry that is new with just a PO box....no ads no connection to any company ....Bulldog quarry.... who knows what the new quarries in the region are up to....
Note the breccia, is now known to be ore....What was Ken looking for "The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly." from PR
next four clips from http://www.science.org.au/scientists/interviews/w/woodall.html
http://theolympicdamstory.com/Extract.php
Haynes says everything possible was done to keep his research from the prying eyes of competitors
Note the breccia, is now known to be ore....What was Ken looking for "The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly." from PR
Haynes says everything possible was done to keep his research from the prying eyes of competitors
Could it be that Douglas wanted to see how much it leached of copper.... Could be...the barren hole has value in a drilling program....Could it be Katx had the same type goal....could be...
And yet Vale surrounds KATX without cores go figure...
But it did have revenue...184,000 100,000 newfie grant..and we have the guess the rest is option money....unless you know what other form of revenue an exploration company can claim....
Scottrade will let you put stock in a 401K account....small money now big money in a few it it takes that long been going on a long time already....you never know when these thing break since it seems the KATX is out of the bag....
Vale surrounded the puppy 7 days after it staked.....plus the balance of the unclaimed lands On the Bona Vista....They want the puppy.....There is no drill program the horizon is 2 meters deep but there are new quarries....just permitted...and at least 5 places that you can see on qoogle earth where the gravel has been removed.... [img][/img]
http://a7.sphotos.ak.fbcdn.net/hphotos-ak-ash4/381109_260238874022071_100001078827494_713990_710809632_n.jpg1.sphotos.ak.fbcdn.net/hphotos-ak-snc7/301626_248036128575679_100001078827494_673903_1957798453_n.jpg">http://a7.sphotos.ak.fbcdn.net/hphotos-ak-ash4/381109_260238874022071_100001078827494_713990_710809632_n.jpg1.sphotos.ak.fbcdn.net/hphotos-ak-snc7/301626_248036128575679_100001078827494_673903_1957798453_n.jpg" />
Abandon puppy, spent 0 KATX to rescue abandon Falconbridge puppy left at home to chase Nickel at VB and then Chile and now the Winner in the VB Fight wants the puppy...
LMAO.....At the players were here Falconbridge, Noranda, Cornerstone, Thundermountain... no wonder this is taking so long non compete clauses NDA.....power play....
For one, it looks like Falconbridge was hurting during that time they held the N. Lucky, and slashed the workforce by 40% and probably dropped many properties...N. lucky probably one of them.
This is when their claim at N. Lucky was dropped "Falconbridge still lost $81 million in 1982"...... It was actually claimed first in 1981....
Lots of wheeling and dealing going on....and it took lots of time.
WOW "It was unlikely from the start that Inco would allow Falconbridge to buy the assets, and in the end it outbid its smaller rival. Nevertheless, Falconbridge was able to take away more than $50 million in a non-completion fee. " NON Completion fee... AT VB
Wonder who was working at falconbridge in 1982
http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=0002075
Nice Work, notice how the claim is about the same size, something must have caught Falconbridge's (in 1982)attentions new processes in refining may very well prove to come into play...Vale has a new process....in play in Chile....coming to NF...
I would agree...
The chart and data were done in 2001 before Katx by people on staff of gov department...some drilled the borings for Noranda seem like a long con....if it a scam LOL
That was not your point Kens claim was not that the claim mined more gold...it has more gold...LOL.
HANDCAMP additional 2001 listing..page 173 and 174 see pic below. in addition to WORLD MINERAL DEPOSIT DATABASES Seems USGS and EGGS have the facts How is that for two sources...(by the way it clearly states not being mined..in 1989...yet)
Society of Economic Geologists and Geological Survey of Canada
176 Canada (Newfoundland and Labrador 49.16.55 N -- 056.04.50 W Handcamp Cu; Au; Ag
http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
.27 million metric tons ore; Combined with production?: no; Provisional entry?: no; Resource category: geological resource
Grade-commodity information:
Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton
Handcamp on VMS List from 2001
ftp://ftp.soc.soton.ac.uk/pub/sph1e08/Hilary%20-%20buchans%20stuff%20of%20interest/piercey-newfoundland.pdf
2005: Volcanogenic Massive Sulphide Deposits
Energy, Mines, and Resources, Canada, 1989
Canadian Mineral Deposits Not Being Mined in 1989
KATX first drill hole was straight down the "magnetic anomalies'' at Rusty... .......'' A consequence
is that maxima of magnetic anomalies are not optimal drill targets for copper or gold in an IOCG deposit.. There has to be question as to why such a production was made on Dec 23rd about the the barren hole or the lower copper value with such little information disclosed...
All of the minerals listed in the above picture are in the Dec 23rd PR.
Reflected by the earnings statement....LOL
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
[_] Yes [X] No
So Vec Pr'd Blue Point and you want to go with the result from the worst hole...LMAO....
Seems like you want everyone to believe that there nothing there
Massive Deposit just a little overburden...at Blue Point....
This is what their Consultant Thorson said
RC is Red Cliff PR is Port Rexton.....
From the Obrien reports....see other posting
From the Normore reports...
From google earth looks like there are quite a few locations to obtain strata information that would not require a drilling program......
Wrong Again B402 not a Cornerstone hand me down...they never had a claim on Lucky..... almost everywhere on the Bona Vista but not a North Lucky.......http://gis.geosurv.gov.nl.?ca/geofilePDFS/ReceivedBat?ch2/NFLD_2778.pdf
You can see that in 2002 they just missed....Cornerstone did not pass over Lucky they did not find it yet...The South was drilled in a JV between Cornerstone and Noranda I believe....the drillbit broke ..it was in the middle of the winter..and the Christmas season was apon them along with a big storm....they quit..and concentrated on red cliff I believe That why the call it the North Lucky...Lucky the drillbit broke......Notice Clarenville in the bottom left hand corner....Leon Normore is headed back there in 2011 for his 3rd year report on the Bona Vista...
What do you want them to drill the copper was in a trench 2 meters deep....the same horizon as Blue Point.....they used a back hoe....notice the amount of earthmoving on google earth...
I guess they do, that why Vale has Lucky surrounded....
Some shareholders did not read up...now more are read up and feed up....with the barren hole watch we will going up as quick maybe this next week....once everyone figures out what happen on the 23rd....
Rusty Ridge is in the Musgravetown Group Peralkaline Volcanic Rocks and Peralkaline Instrusive Rocks....Cloud Sound and Ken Mountian are just in the Yellow of on this map Rare metal Targets in Southeastern Newfounland Miller 1990...the best location for Rare Earth metal on Newfoundland.
Matches the new claims to the South of Rusty Ridge by Silver Spruce and others....
Kat is the ((( ONLY ))) recent drilling in the area....and the First Deep drilling in newfoundland....between Kat Rusty and new claim rush to south is the required GRANITE...THIS granite is the 'feed or fluid' required to move the metals...this Granite is known as the georges pond granite ..ans as you know in the last few months....''after Kat drilling'' the south side of this Granite has been all staked out......To me it seems that those in the know....know something
Rusty Ridge is in the Musgravetown Group Peralkaline Volcanic Rocks and Peralkaline Instrusive Rocks....Cloud Sound and Ken Mountian are just in the Yellow of on this map Rare metal Targets in Southeastern Newfounland Miller 1990...the best location for Rare Earth metal on Newfoundland.
Matches the new claims to the South of Rusty Ridge by Silver Spruce and others....
Kat is the ((( ONLY ))) recent drilling in the area....and the First Deep drilling in newfoundland....between Kat Rusty and new claim rush to south is the required GRANITE...THIS granite is the 'feed or fluid' required to move the metals...this Granite is known as the georges pond granite ..ans as you know in the last few months....''after Kat drilling'' the south side of this Granite has been all staked out......To me it seems that those in the know....know something