InvestorsHub Logo
Followers 16
Posts 6776
Boards Moderated 1
Alias Born 06/06/2007

Re: carl405040 post# 111

Wednesday, 02/04/2015 8:09:12 AM

Wednesday, February 04, 2015 8:09:12 AM

Post# of 166
Carl,
I defer to the comments on the BullMarketRun comments section, they follow this play quite closely especially Jon Hulstein who is one of the principals behind BMR...fyi

Very interesting. Best #s yet from the Hat, which is what they needed to do. There are clear signs here that DBV is drawing closer to the Sheslay “sweet spot”, nearly 1% CuEq over 74 meters…the first pyrite zone they hit (previously announced) was 40 meters at 0.79% CuEq; second zone in these results is 111 meters @ 0.73% CuEq including 74 meters of 0.96% CuEq; and they’ve announced they hit a third zone deeper down of at least 120 meters of pyrite and chalcopyrite (assays pending)……the wider interval of 278 meters of 0.53% is unquestionably the best intersection so far at the Hat, so the results keep getting better which is important…0.60% is the next important level to reach on a 300+ meter intercept…Gold grades are getting higher….the fact they’ve hit elevated levels of moly, zinc and cobalt – minor levels but still the highest of any holes to date – this is positive, perhaps another indication they’re getting closer to the heart of the system……the rest of this hole should be darn interesting and it may go deeper yet….DBV deserves to be rewarded in the market here IMHO, and there’s ample room for speculation with the next set of assays and more drilling of course…volume is definitely building, this hole extends the deposit 110 meters to the north cutting mineralization 200 m vertically below H-22….

Comment by Jon - BMR — February 3, 2015 @ 1:51 pm


In the good old days, it would be worth a few pennies, but

now, we may have already seen the speculation increase.

Hopefully, for shareholders sake, it goes up, but it was

not worthy of an halt…

Comment by Bert — February 3, 2015 @ 2:07 pm


Bert – agreed it may not give the price a big pop, but the results should get people excited about what’s to come…great release in my opinion.

Comment by Steve A. — February 3, 2015 @ 2:25 pm


DBV- Jon- I agree with your comments. This is shaping up well. Remember this is the 1st hole drilled under the guidance of Patrick McAndless and its the best one! Patrick McAndless was the VP of Exploration for Imperial Metals (for 26 years) and he was instrumental in the Red Chris discover and Mt Polley – he knows the geology and came out of retirement to spear head DBV’s drilling for a reason! Why would he do this- go from retirement to being back in the field overlooking a drilling campaign? I think its obvious and he wouldn’t want to end a big career with a few big finds under his belt to overshadow all of it with a major failure with a small junior like DBV unless he was pretty sure of adding another last discovery before going back to retirement again.

To get the potential of DBV one needs to look at the next best example in the region which is Imperial Metal’s Red Chris mine. Red Chris has reserves of over 301.5 million tonnes grading 0.359% copper and 0.274 g/t gold provide for a 28 year project life at a milling rate of 30,000 tonnes per day.

Now look at DBV’s Hole 23 for comparison. The next 250m should be even better. Red Chris’ results show that the good stuff starts deep mainly 600m down to 1100+. I expect Farshad to continue drilling hole 23 much deeper.

Can’t wait to get the next batch of results. Drilling to resume soon as well.

Comment by d4 — February 3, 2015 @ 2:42 pm


Here are the 3 most important takeaways on these results:

1. Where there’s smoke, there’s fire. Getting into higher mineralization, zones thickening to depth;
2. These are the best drill results from the Hat Project to date, & 278 m of 0.53 CuEq is what mines are made of in this part of the world. Each round of drilling at the Hat has gotten better, and that’s always an important sign;
3. It appears quite certain that H-23 is a breakthrough for the entire Sheslay district as out of 100 or so holes drilled historically and through last year, no hole has ever been drilled this deep…and it’s hitting increasing grades (including Gold) going to depth. The next 250 meters of this hole will greatly increase the understanding of this area, geologically. There are interesting theories as to what may be at depth at the Hat, and also heading further south.

Doubleview has a mine in the making here.

Comment by Jon - BMR — February 3, 2015 @ 2:42 pm


Jon- we are still waiting for the DBV part 2….just kidding (lol). You might want to start part 3 soon.

I think it would be great to have another DBV interview but this time with Patrick McAndless. It would be interesting to know his opinion, why he joined the team and the similarities between what he is seeing with Red Chris.

Comment by d4 — February 3, 2015 @ 2:57 pm
http://bullmarketrun.com/?p=26262#comments