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Saturday, May 11, 2019 11:48:39 AM
However, the geology is different, the Larder Lake Fault is between Kirkland and ACRL's property so no one knows where the gold pay zone horizon will be as the fault will slide the geology up/down as well as sideways. It might be 300 meters depth or it could be 6,000 metres and out of reach. Or it could have moved sideways and the Kirkland Lake geology is 30 miles away.
And a wildcat hole of 2,400 metres would be a million dollar hole and out of ACRL's price range.
The way the geos would go about it is to drill say 300 M down then drop IP down the hole to do a survey follow the survey's findings and the next hole drill 300 metres or so more down on the same drill collar and repeat.
And they would have drilled at an angle probably 45 degrees (so they can inspect the layers, examine the geology better) so if one is drilling 8,000 feet the hole would be around 11,000 feet on an angle.
That's why ACRL needs a top notch geo team, a truckload of money and an efficient, effective and accountable management team.
Does ACRL have that?
IMO.
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