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Saturday, December 03, 2011 7:37:35 PM
The guys that did the drilling that work in the newfoundland geo department.....The link is clearly two different styles of gold deposits...and is clearly from 2010
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/pdf/Prop%20for%20opt%20Map,%20Island%20Mar.%202010.pdf
So who did the report on Falconbridge in 1980 J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
Who is Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html
So if you read back when the cores were sent out by Falconbridge in 1987 (?) the did the resource estimate on a small number of borings and a small area but this was still enough to be listed buy the USGS and now its deeper and larger... and combinded with other minerals
So who had North Lucky for a short while...Falconbridge
What makes this property so special
It's a gold property, but the type of gold property is special Handcamp is a very unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. They are known for their high tonnage, high quality gold deposits. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.
Handcamps special and rare nature has already been prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, CU, Ag numbers.
Hows BVIG's Handcamp property stacks up against a similar mining company. Anaconda Mining is located right down the road from Handcamp and currently is mining their Pine Cove gold property and has already brought gold to market from their site.
Anaconda has completed a NI 43-101 technical report on their Pine Cove site and has been actively mining it for the past 2 years.
Here are the results of Anaconda's test drill 43-101 report on their "Pine Cove" Gold property.
probable mineral reserves of 2,332,676 tonnes at 2.76 g/t
And now here's Handcamps results ONLY from surface samples.
158g/t Au, 94g/t Au, 82g/t Au
As you can see, BVIGs Handcamp property is showing far more gold in just the surface rock than what Anaconda is getting from it's actual mining. This is one reason why people are so excited about BVIG
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