All due respect, but you have said yourself NUMEROUS times that what is on the surface does not always necessarily correspond to what is in the ground, nor does it tell you the widths and depths, etc. of existing deposits, and therefore the ONLY way to know for sure is to pull out the ol' "truth machine"...the drill that is. As for Kat not being able get these properties had they been worth anything, that's just rediculous. I think you know several juniors that did quite well, historically speaking, by making some major finds and then selling to the majors. This is nothing new my friend. To suggest that all of the "good" deposits have already been claimed and proven by the majors is just false. We will not get into the history of why Cornerstone did not drill Rusty Ridge before, as it has been rehashed too many times, and you know full-well why that is...and it has absolutely nothing to do with the expectations of what would be in the ground.
As for these deposits being 8 years old (which you've also stated numerous times), that's just silliness. I can assure you that these deposits have been here a lot longer than that and if they existed to begin with, I highly doubt they've just disappeared after 8 years of sitting in the ground! If anything, there could have been additional mineralization. All this of course depends on many factors, as you well know (i.e. the thickness of the anomaly, the amount and timing of brecciation, the volume of associated fluids, etc). The amount of brecciation depends on several factors, such as the competency of the country rock (what the magma is intruding into), size of the intrusion, amount of volatiles in the magma (is it water-rich?), etc, etc. The geochemistry of the magma and amount of fluids will control the style and grade of mineralization. They may intersect a brecciated zone prior to intersecting the mid part of the anomaly, which is probably the fluid source (i.e., intrusion) for the mineralization. Then deeper they would come through into the lower part of the halo, brecciated zone; which according to the geophysical interpretation is thicker at the bottom. If they get comparable geology as the OD (i.e., not great results, but still a viable environment), they could test the edges of the anomaly later in the program. The thickness of the anomaly is also important as it controls the amount of associated fluids, which in turn controls any associated mineralization. So it is important to understand the potential source too.
I say, we wait and see what the "truth teller" has to say before we automatically conclude that this is a worthless property. However, we can discuss all of the preliminary exploration work (Geophysics, sampling, etc.) which suggests (as several well-known geos would attest) that we have potential for a nice sized Iron-Oxide-Copper-Uranium-Gold deposit. Now we shall see how close we were to reality. I for one am very excited!
AI
