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Re: Joeiniowa post# 944

Wednesday, 04/20/2011 12:05:32 AM

Wednesday, April 20, 2011 12:05:32 AM

Post# of 12573
If you go back and look at all the drill holes to date you should see that they are hitting high grade gold rather frequently at the 650 to 750 meter level for lengths varying from 5 to 10 meters or so.

The two holes that we are still waiting for 11-45 and 11-46 apparently are heavily mineralized for a length of 50 meters. Typically holes are spaced 50 meters apart. If they have all these holes with this high grade gold at roughly the same level, including the one with 135 grams per ton then there is no question that there is a minanble reserve at the 650 to 750 meter level. I'd be interested to know what level this 50 meter strike is at. Fifty meters of mineralized rock near such a high grade find could spell glory hole.

The Apr 19, 2011 press release is a very confusing press release to follow and really needs to be married with other results to get a better picture. I have spent a fair bit of time today doing just that and while I see the continuity, I can easily see how it will be missed by some until we can get some clarification. As such, if the price drops tomorrow, it will likely be due to poor communication vs the results themselves.
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