Replies to post #70541 on Sarissa Resources Inc (SRSR)

[learner1156]

In the Abitibi these associations appear conducive to the discovery of major gold deposits.

[learner1156]

Values as high as 53.9 grams per tonne (1.57 ounces per ton) gold were obtained.

[learner1156]

So there's GOLD in them thar hills!!!!

[mariner78]

Shining Tree drilling starts NEXT WEEK !!!!!!!!!!!!!!!

That's the best part of this PR. We could be getting results back as early as January or February.

"The next exploration phase will consist of drill testing the depth extensions of certain of these surface zones for further gold mineralization. ...... The drilling rig is expected to be on site within the next week. "

M78

[webpence]

Nice news.

Three parts that caught my attention.

1. "On a regional scale the property is located within the prolific Abitibi greenstone belt (http://www.platinex.com/images/maps/shiningtree/Figure7.pdf) that is renowned for its concentration of world-class gold and Cu-Zn-Ag-Au deposits. The Shining Tree property is also centered on the axis of a regional gravity high signifying an area of thick supra-crustal rocks and under-plating by oceanic crust. In the Abitibi these associations appear conducive to the discovery of major gold deposits."

I like the inclusion of the Platinex pdf. If you notice, all of the major gold discoveries in the region are along fault lines, which is true for Shining Tree.

2. "Specifically, the Shining Tree property hosts a gold bearing quartz vein stockwork system that has been exposed on surface in four different areas of the property (identified as Areas One to Four). Areas One and Two are a north/south striking quartz stockwork system located in the central portion of the property. Area Four also strikes north/south and is 500 metres north of Areas One and Two. Area Four is thought to be the strike extension of Areas One/Two. Area Three strikes east/west and crosscuts the approximate midpoint between Areas One, Two and Area Four."

This seems to be a rehashing of the June 23rd PR, but there are differences between the two PR's. From June 23rd:

"Alan Hawke visited the Shining Tree property to check the Quartz Vein/Stockworks that have been exposed, which have been identified as Areas One to Four. Areas One and Two are the same North-South Striking Quartz Vein/Stockwork system. Area Three is 300 metres north, and strikes East-West. Area Four is 200 metres further north. It is thought that Areas One/Two and Four are related which are joined by the Area Three East-West Quartz Stockwork.

The Four areas have been sampled by shallow saw cut channels, which only sampled the main exposed quartz veins. Results of this sampling indicated that Area Three warranted more detailed testing.

Area Three was then opened up with surface blasting over a nine metre section along the main east-west quartz/stockwork veining. Fifteen samples were taken along this and as noted above averaged 8 grams per tonne rock. The extent of this high grade quartz-stockwork has not been determined due to being covered by glacial till.

A work program is in preparation to test the extent of Area Three and the relationship to the other gold anomalous areas within the claims.

Alan Hawke considers the results above are indicative of an extensive gold rich quartz veining/stockwork system."

3. "Sarissa has arranged with the same drilling contractors operating on its Nemegosenda niobium property to conduct the currently planned drilling phase on the Shining Tree property. The drilling rig is expected to be on site within the next week."

So, now we have a time table as to when drilling will begin, which is next week!

[homey_g]

Awesome NEWS!

[Norton1973]

This part of the Shining Tree Gold property, I will explain what it means to me in layman's terms:

"Values as high as 53.9 grams per tonne (1.57 ounces per ton) gold were obtained. These results confirm that gold mineralization on the property is found within a broad spectrum of geological horizons, and the potential for a large tonnage deposit is very promising."

I have done a lot of Landscaping, and have hauled Black dirt, pea rock/gravel, white limestone - in a Chev pickup, w/ a full size pickup Box. The box measures aprox. (5ft.W.) X (8ft.L) X (1.5ft.H.)

I have hauled a Ton of material in the pickup, and the pickup box was never completely filled, maybe 1/2 to 3/4 at the most to make up a Ton.

So, one can see, the Shining Tree Gold property to me has a very,very nice Gold reserve amount, aprox. $1500 per avg. pickup load!

[Tekoah19]

this company loves drilling!
I wonder how long it will be until they love actually
MINING?
TEK