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chippinfool

10/28/11 4:29 PM

#2819 RE: stpiermj #2817

I agree about the difficulty in making this calculation from hole location. The trust factor of having a third party do this work is necessary for the marketplace. Having these locations charted would give us a better feel for how this zone is developing being we could see it.
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stpiermj

10/29/11 2:40 AM

#2831 RE: stpiermj #2817

I missed this in the Oct 4th news release but it makes sense being that TPW is between Lakeshore and Timmons. I would like to know what CD means by "economically important sediment-hosted gold". Does this mean it is cheaper to mine and make into bullion? If so, maybe he could expound as to where this is occurring and what/how does it contribute to the ultimate formation of a future mine. I think we need to know more about this because if it is significantly positive, then we need to get this out to the media (after I buy a few more thousand):)

The Diamond Drilling to date shows the emergence of two types of structural and lithological features typical of known world class gold camps. Its porphyry-hosted gold mineralization resembles that of the Porcupine Camp’s Hollinger and McIntyre Gold Mines. We also see the emergence of economically important sediment-hosted gold which is most like the Ashanti Gold Belt in Ghana, West Africa. Because of its unique overall characteristics the West Timmins gold camp can be considered a distinct gold camp with two primary gold target types:
1.Hollinger/McIntyre type porphyry related gold deposits. The best examples are
found on Explor’s Timmins Porcupine West Property.
2. Sediment-hosted pyrite/gold deposits. Examples are Lakeshore Gold’s
Timmins Mine (former Holmer Mine) and Lakeshore’s Thorne Property.