THE CAVE

[greenpar]

If your into Gold mines
This one sure looks good they may have hit the mother lode at Basin Gulch mine.
From whats been said 70oz per ton in just one report more drilling going on.

Dutch Gold Secures Exploration License for Basin Gulch Project
more http://finance.yahoo.com/news/Dutch-Gold-Secures-pz-202654741.html?x=0&.v=1




As many would expect, 2010 was a challenging year. Despite rising gold prices, a difficult economic environment fueled by the banking crisis made the financing of small companies difficult. Having now successfully weathered this storm, we believe the Company is well positioned for growth going into 2011. We have made substantial progress on last year's goals of increasing the mining resources base, improving the Company's balance sheet and cash position, strengthening the management team, and improving transparency, and are looking forward to 2011
more > http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58026121


Dutch Gold Resources, Inc. (OTCQB:DGRI) (the "Company") (http://dutchgold.com) today announced that it plans to permit additional holes to follow up its current program of fill-in drilling of the Basin Gulch fault zone on the north side of the diatreme complex. The additional drilling will attempt to clarify the geometry of a complex breccia zone which has local very high grade, high-angle pebble dikes within highly leached and altered Precambrian quartzite that is pervasively low-grade gold and silver mineralized. Several holes were historically drilled into this zone.

The matrix of these pebble dikes locally contains visible crystalline gold in cubes up to a quarter of an inch across. These gold cubes are likely replacements of pyrite crystals. Assays of the drill holes show low-grade gold and silver, interspersed with multi-ounce assays, with assays as high as 70 ounces per ton. Presumably, the multi-ounce assays included pieces of coarse gold. Drill holes intersected this coarse gold at depths ranging from 70 to 115 feet. Because of the erratic nature of the assays and of the pebble dikes, it is difficult to estimate either an overall grade or volume to this pebble dike zone. Future bulk sampling may be warranted. This zone can potentially be accessed by a short adit from the nearby hillside.

more> http://ih.advfn.com/p.php?pid=nmona&article=46879248