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balihi

09/29/11 8:49 PM

#54108 RE: Kubisiak5 #54107

This is hilarious,if we keep drilling and continue to find iron,thats great,but if the vein stops,and we drill into,silver,gold,copper,thats bad news.lol!!How many other companies out there in the mining world,would love to have such a problem?
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Militia Man

09/29/11 9:06 PM

#54114 RE: Kubisiak5 #54107

That is a good assessment of it, agreed.

RM


Lets keep our fingers crossed (so far nothing but iron ore in the hole) this is in the Coloso Vein, new hole 69... Orignal surface Elv 118 meters, with 14 meters of Iron Lenses, the current surface is at 92 meters as we have removed 26 meters, 6 meters below the orignal 20 meter deep hole, the 6 meters have been iron lenses, so 20 meters thick ore body, plus what we are drilling into now.. Tomorrow will tell the tell and I'm going out of town until Tuesday (Going to the Big Mine).. Instructions left are to drill a minimum of 25 meters below the lense if we punch threw it, if the ore body continues deeper keep drilling up to a 100 meters and call me.. We will be drilling 4 new holes (69-70-71-72. pciking up from the last numbered hole 68) approx 300 meters apart along the Coloso Vein...
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Militia Man

09/29/11 10:15 PM

#54150 RE: Kubisiak5 #54107

Bob called it the Honey hole.. :-)