1/ Find out what The Unknown Geologist has to say about the @Anaconda_Mining Goldboro Project in Nova Scotia, Canada: ceo.ca/@Newton/more-f…
2/ Unknown Geologist:I remember Dustin asking me to highlight some key points about Goldboro. Like how many ounces of gold do we think Goldboro will host? I said to him…you've got 850,000 now, when all is said and done, Goldboro will have at least 2,000,000 ounces.
3/ I said, look at it this way, the deepest hole ever drilled in Goldboro was about 400 meters deep. Dolliver Mountain, which once hosted the largest stamp mill in the province, is 1.5 kilometers out to the west of the main ramp area.
4/ At the main ramp area, all the Dolliver Mountain material is below your feet about a kilometer or so. The property has never been drilled deeper than 300-400 meters.
5/ If I remember correctly, the max depth for most holes in Goldboro was 200-250 vertical meters. That is very common amongst all the gold properties in Nova Scotia. They didn’t have to drill deep in Goldboro because everything comes to surface.
6/ Another key point I mentioned to Dustin was about the high-grade, nuggety gold that Goldboro hosts.
7/ Jacques Levesque, the former CEO of Orex, had a promotional piece of Goldboro drill core that was about 35 centimeters in length that was glued back together. Bruce Mitchell, who is working with Anaconda now, was an Orex geologist then and we were working together at Goldboro
8/ We were logging some HQ core. Bruce logged that 35-centimeter piece of quartz as 1% gold. Nuggets a big as your thumbnail are visible in the core as well as many, many other smaller nuggets. The core was never analyzed or included in any resources at Goldboro.
9/ We took the core sample to Paul Smith at Department of Natural Resources in Halifax. Paul said it was probably the best drill core he's ever seen. We asked him how many grams per tonne he thought it might have and his guess was over 10,000 g/t.
10/ Bob Moriarty:Wow.
11/ Unknown Geologist:That quartz vein was intersected at 28 meters deep. Why not chase that one to surface? If you find anything that’s in the hundreds and/or thousands of grams-per-tonne then you're probably into a high-grade ore chute.
12/ Those are the targets Anaconda needs to focus on. Infill drill around those intercepts and it should be simple. The resources they have today will be much higher as the infill drilling proves the continuity of the high-grade gold.
