......modelizing the Mexus data
......drilled on-deep of the vein
......Previous solid was modelized
Previous solid was modelized??? Word salad is right. This PR reminds me of the "technical report" for the Julio/Santa Elena mine written by Lemas nearly a decade ago. If he wrote this masterpiece of a PR, why not have him certify the PR as the Qualified Person for Mexus, as legit companies routinely do?
And their preliminary resources are "184,386 tons with an average grade of 1.15 g/t Au at a 0.1 cut-off"? No wonder Comox walked away. That's less than 6,000 oz of gold at a cut-off of less than 0.003 oz/ton. Might as well have made the cut-off zero, who's going to mine and process material that barren, except by accident?
And all that was the result of 611 core and RC holes? How much did that exploration effort cost, to find 6,000 oz of gold? And they still would need to develop the mine, etc.
Regardless....it's all a moot point. The agreement has still not been signed, it is a LOI at this point. So much for the news that would promote a "happy, happy dance".
They need to do better than this if they hope to set the stage for the next toxic note, convertible next week.
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