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Thursday, October 18, 2018 11:14:07 PM
The McGarry mine was active as recently as 2013. Orefinders acquired it from Kerr Mines for 8 million shares in August 2018. The recent work has already highlighted several targets on the property. The 325N zone on the 2250 level will be examined in detail in the next few weeks.
Orefinders says that it has not yet made any plans to dewater the mine. Therefore planned drilling will be done from surface.
The McGarry site has a headframe, shaft, hoist, offices, and functional core shack all of which were refurbished in the last 10 years. The historical resource calculated in 2011 include 447,000 indicated tonnes grading 7.89 g/t gold and157,000 inferred tonnes at 5.83 g/t, both with a cut-off of 51.4 g/t gold.... »
http://www.canadianminingjournal.com/news/geology-orefinders-shares-mcgarry-interpretations-3d-models-and-exploration-plans/
Hmmm? Really? https://www.juniorminingnetwork.com/junior-miner-news/press-releases/647-tsx-venture/orx/53674-orefinders-releases-mcgarry-project-s-geologic-interpretations-3d-models-and-exploration-plans.html
If Eric Sprott dumped his KERR shares; these shares will or would have plummeted... into the sub-penny zone imho
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