Some encouraging DD and a request...
The DD concerns Shore Gold. Implications of what I have dissected from my research this evening DIRECTLY relate to a question regarding CMKX, and someone can help me with information.
Let's all come to common groud logic, that in diamond exploration, certain areas of the same pipe will be more concentrated with diamonds than others. Common sense would then dictate focused attention be given to those with greater promise. BHP did this. Not every depth level or compass region at a given depth area showed promise, where other depth levels and compass region at a given depth level did show promise. Again, common sense dictated it is certain regions at varied depth levels where mining would occur.
Tonight I reviewed Shore Golds Bulk Mining reports and what is becoming increasingly clear over the last 2 months is very encouraging for them...and for us.
Shore Gold's bulk sampling has been sampling levels between 100m and 200m, and I agree with drdre, the cpht is borderline as to whether this depth level is worth mining. However, as has been long published, the deeper you go into kimberlite, the higher the concentration of diamonds is more likely to be seen.
Well folks, here is the results from 235 meters in the SE Drive Region. I find the 235 SE Drive results beginning from 7-29 through today's pr.
235 SE Drive Region
Batch # ........ CPHT
12 ............. 15.98
13 ............. 19.59
14 ............. 30.70
15A ............ 15.10
15B ............ 26.70
16A ............ 25.15
17 ............. 15.82
18 ............. 9.19
19 ............. 14.60
20 ............. 21.35
22 ............. 18.63
23 ............. 18.39
24 ............. 29.91
25 ............. 30.49
______________________
Ave cpht 20.828
Certainly encouraging for Shore Gold in the SE region 235 meters. Other regions at the 235m level weren't as good, but obviously this SE region will likely be considered in any mining decisions. As they go deeper this will only get more interesting. Shore Gold has indicated their expectations are to find higher concentrations the deeper they go, which is consistant with the nature of this type of mining.
Now for the answer which I need some help...
Ok, if Shore Gold's efforts have resulted in proof that bulk drilling becomes very promising at 235m, does anyone know how deep the sample result was for CMKX? I couldn't find it in UCAD's news on A-trade. I couldn't call up their sight for some reason, so anyone with the depth range on this can chime in. My memory bank is telling me between 185-215m, but would rather the number be accurate.
My point is this. The results CMKX reported were at shallow depth levels in comparison to how deep we drilled at Carolyn.
Shore Gold is our neighbor. They have shown that the levels b/w 100m and 200m are fair at best for cpht levels. However at 235m things begin to get interesting. What samples do we have at levels of 235m to 800m deep from Carolyn, and are they yet to be reported? If 235m is showing promise, Shore Gold is optimistic in their statements that deeper testing should be even better.
Some today are almost boastful in stating that Shore Gold's cpht is 11-12 cpht. As we can see at a depth beginning at 235m, the results are far better.
In closing, keep the common sense pills close at hand and simply understand that a company will target areas and depths that show promise. If levels deeper than 235m show even more promise than 235 SE, they will act accordingly and target those levels and regions.
All of this makes me wonder about the results from Carolyn that have been removed months ago, but just recently tested. Could those be sample at deeper levels from 235m to 800m? Obviously it's a question CMKX can and should answer. These results from these samples and the current drilling effort will be interesting indeed, and cannot come soon enough.
I said I wasn't going to post about Shore Gold, but what I saw I thought was important given today's discussion and how it can relate to CMKX.
Be well, Bo
