"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. ImageImage
"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 ImageImageImageImage
Thanks for the plans and sections. Where is old mine? ImageImageImageImage

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..." ImageImageImageImage
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? ImageImageImage
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More from @PeterNBell

1 Aug
@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... ImageImage
PHR - Harvey's Ridge.
HR- Ramos.

Important rock units in Cariboo orogenic gold models. Thanks @GeoscienceBC !

geosciencebc.com/i/project_data… ImageImageImageImage
Thanks @MDRUubc ! ImageImageImageImage
Read 15 tweets
15 Jan 18
1/ Shoutout #ESSCO Earth Science Services Corp. earthscienceservices.ca and the Stargate II (SGII) system.
2/ The SGII team always has some interesting things to say on CEO.CA -- see ceo.ca/Stargate2 for more.
3/ The SGII system is used to help guide drilling activity. See this map for an example: cdn.ceo.ca.s3-us-west-2.amazonaws.com/1d5kbfe-Fuller… Map that only a geologist could love...
Read 24 tweets
15 Jan 18
1/ .@BellCopperBCU has a great exploration story at Kabba. See my thoughts on the #copper play in Arizona here: ceo.ca/@Newton/a-loom…
2/ The roots of the porphyry system are exposed at surface approximately 8 kilometers west of their exploration area and the top of the system was split from the roots by a fault.
3/ The deposit of interest is concentrated in the top of the system and it was either moved downwards and preserved under the valley, or moved up and eroded away.
Read 12 tweets
15 Jan 18
1/ The story of #CoralGold $CLH.V sale of the Robertson project to @BarrickGold is very interesting. CEO David Wolfin describes the details in 2016 interview with Jay Taylor that I found very helpful:
2/ The key consideration for Barrick's business development committee is the IRR against a baseline gold price. When negotiating the sale of the Robertson, Barrick needed the project to meet a 15% IRR at $1,250 gold.
3/ In the 2016 interview with Jay Taylor, Mr. Wolfin describes how he negotiated for the royalty to be set as high as possible at $1,250 gold and then to increase with each $200/ounce increase in the gold price up to a maximum 2.25% NSR.
Read 14 tweets
15 Jan 18
1/ Coral Gold (TSX.V:CLH) has been active in Nevada for over 30 years, developing a meaningful relationship with Barrick Gold (TSX:ABX) that has already led to one significant asset sale. Coral Gold negotiated a nice royalty with a sliding scale for the NSR and annual payments...
2/ ...due if not the Robertson is not in production by 2025! Coral has several other assets nearby that could have similar success, but CEO Mr. David Wolfin has already described the royalty on the Robertson as a potential company maker.
3/ Bell Copper (TSXV:BCU) has a deal with Kennecott Exploration under Rio Tinto (LSE: RIO, ASX:RIO) for a porphyry project in Arizona that is close to becoming a copper porphyry. Bell Copper is still the majority owner for the project, but their partner is earning in quickly.
Read 9 tweets
9 Jan 18
1/ Goldboro! Part 1 of #NewtonInterviews The Unknown Geologist on the geological model for this exciting gold project in Nova Scotia, Canada owned by @Anaconda_Mining: ceo.ca/@Newton/findin…
2/ Quotes from the Unknown Geologist to follow... "I know the Boston Richardson model very well."
3/ I remember reviewing a diagram of the Boston Richardson belt that shows the historic mining, and it highlights the top and bottom of an ore shoot on both limbs.
Read 14 tweets

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