"Bulk mineralized zones have been identified at Roberto Tovar where three close-spaced, parallel high-angle veins and internal wall rock show composited grades of 18 metres of 450 eq g Ag/t." I like that.
"Drilling continues to prove up confidence at Santa Ana," commented Outcrop Chief Executive Officer Joseph Hebert. "We have drilled the best holes yet, while still early in our exploration program. We are excited about potential as mineralization remains open in all directions."
0.95m with 69.6 g/t Au and 5,550 g/t Ag? Zn 3%.
Gold-equivalent of 147.6 g/t and silver-equivalent of 10,784? OK! Hello @OutcropGold
Thanks for the plans and sections. Where is old mine?
OK!
Look at this. Beautiful. I'd say "holes 28 and 29 were collared in ore at surface, drilled as a fan along a north-easterly line. Hole 30 was on same line, stepping back and hit same ore zone that 28 was collared in. Hole 31 hit it perpendicular with longer hole up-slope..."
And then look further in that north-easterly line. Where do you get to? Downslope to the old mine workings.
Looks like a great drill program here by . Try backpack drill? Or more trenching? Or passive seismic?
1/ @robert_ivanhoe Why are copper smelters barely hanging on? Demand is rising, but treatment charges are collapsing. You’d think with copper in such demand, they’d be raking in profits. But that’s far from the truth.
@robert_ivanhoe 2/ Treatment charges (TCs) – the fees smelters charge miners to turn copper concentrate into usable copper – are dropping faster than anyone expected. Last year, TCs in the Asia Pacific were $87.70 per tonne. Now? They’ve nosedived to negative $1.90.
@robert_ivanhoe 3/ Chinese smelters are taking the hardest hit. Their margins are getting crushed with TCs down almost 90% in just six months. Some are even considering cutting production because processing copper at these rates is no longer profitable.
"In the traditional view, supergene ore and gangue minerals are the products of reactions between hypogene sulfide minerals and descending, acidic meteoric waters; these processes take place at or near the ground surface in subaerial environments..."
Psst @911MININGCO about all that clay, eh?
"Coincident with mineral changes in the supergene enrichment zone, primary carbonate minerals are dissolved and alumino-silicate minerals are replaced by clays and amorphous silica in the gossan."
.@allanbreports I'm looking at the "GUNSIGHT" silver mine in Arizona. It's in the TOHONO O'ODHAM NATION property. Respect. The patented mining claims and patented mill site (with water) bring certain rights within the US legal system. I need special advisor @allanbreports ?
I'm more bullish on Saskatchewan than any place in the world, basically. Really! In a global, comprehensive, top-to-bottom analysis, I don't know of any other place that I like better.
There is no other place where I have had more wins consistently throughout my career than Saskatchewan with me being 35 years old and doing this for over a decade in whatever way you want to define what it is that I'm doing now.
It's funny to think that we talked about that research funding -- as I move forward in the junior mining business, I look at the opportunities with that stuff again and again.
Over in the southeast, we are the only landholder of note. The Bengough land package near the town of Bengough is where we're going to go after we're done with Climax.
We already have 3d seismic in place over the Bengough project and we'll be completing the aeromagnetics here in the spring and summer with a view to getting on the ground to start drilling in the fall.
As I mentioned, the highest known concentrations of helium are located in this part of the province. It has not been developed or explored specifically for helium yet. We will be the first.
@bill3658 this picture is impressive. Thanks @OminecaMining for first geological map of WINGDAM. Great to stacked geological horizons marked out. Amazing to see how close the local mines are to geological contacts...
PHR - Harvey's Ridge.
HR- Ramos.
Important rock units in Cariboo orogenic gold models. Thanks @GeoscienceBC !