On the other hand except for the general malaise in golden stocks we don't know why their stock should be off. We don't know why any stocks should be off at all, except that the bloom is off the wildly speculative rose, sui generis.
Quite seriously we do have a goodie-good good good KL property that has both surficial tailings AND bedrock potential that is palapable. We have drilled 16 'overburden' holes in it and the results are 'encouraging'
There is lots of high grade drilling that could be done in KL that was not followed up in times gone by as the concentration during the brief heyday of the camp was always on the main E-W break. Those following the play in detail have realized that there is a whole new world in South breaks, North Breaks, North -North breaks, and particularly N-S breaks that are finding high-G gold, time and again.
KL was always a HIGH GRADE camp with a large mine (16 million ounces) running consistently at 0.50 ounces per ton. Large nuggets of gold -as big as your fist- were not uncommon in these mines in the old and new days. KL is 'VG' country.
We are looking at a N-S break going through our claims and it is a vein that KGI is working on. NO guff. We don't know the tenor of it, however. We have to drill it this winter. There are other H-G breaks we could explore in other areas as well. Zenda has one of these from its last program that is very tantalizing. You just don't know where it could go.
KGI is Canada's best gold mine exploration project, long term, if we ignore Goldcorp, which of course cannot be exceeded in the HIGH-G category at present. The holes KGI is drilling are really astounding for the grade and consistency, however.
EC<:-}
Recent AEM News
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