goldtimer from your earlier post you state "the veins run far, however the width is any one guess??????? what is your take that 6%cu and 4% cu are found 300 ft apart in the last news release. that seems to be pretty good width. but i know nothing just tyring to learn here thoughts anyone?????
Posted by: goldtimer Date: Sunday, August 01, 2010 2:57:10 PM
In reply to: None Post # of 5561
The highway where this project is located,I believe, went in about 4 years ago. This might have remained undiscovered , but the malachite was seen from the road. The rock is from the old Canadian shield age. Probably around 1.5 billion years old. There is leaching of the sulphites of between 4 and 5 percent copper. There is also one half gram per ton of gold associated with the mineralization. The vein runs far, however the width is any ones guess. It could be 3 to 4 feet wide. the company is fully funded for this summers exploration season. Trenching has finished, and drilling is scheduled to begin shortly. There is what I have heard (unofficially), a mini staking rush by sophisticated geologists and prospectors, all around our property.In my opinion, this stock is extremely undervalued currently, but shouldn't remain that way too much longer.