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Re: Slojab post# 1164

Tuesday, 08/30/2011 10:43:06 AM

Tuesday, August 30, 2011 10:43:06 AM

Post# of 2348
"As to "valuations", I hope it comes with a verified geologist's report and from a reputable geologist."

That's the next step. Work has already begun on both claims.

First the historical data is compiled, then assays are done (field samples) and finally drilling. The analysis of the drill cores along with ALL available data from previous owners/geologists are added together to produce an NI 43-101 report will verifies how much is inferred, indicated or proven in a given resource.

In the meantime, we will have to be satisfied using the production numbers from existing mines. One, Lochnivar, is operating on a deposit which crosses the boundary line into our claim. This is what Anglo American was gushing about!



We control the eastern ~30% of that deposit!