https://www.bayfieldventures.com/i/pdf/BYV_PPT.pdf
Western Burn’s Block Drilling Highlights:
Western Burns Zone drill hole RR11-71 intersected 26.70 g/t gold and
170.69 g/t silver over 25.5 metres including 60.05 g/t gold and 362.96
g/t silver over 11.2 metres at 38 metres below surface
Western Burns Zone drill Hole RR10-15 intersected 31.71 g/t gold and
50.23 g/t silver over 3.0 metres at 160 metres below surface
Western Burns Zone drill Hole RR10-52 intersected 89.95 g/t gold and
1414.55 g/t silver over 1.1 metres at 400 metres below surface
Western Burns Zone drill hole RR10-18 intersected 35.93 g/t gold and
359.65 g/t silver over 10.0 metres at 500 metres below surface
These are wide and high grade intervals that are shallow enough to mine from a starter pit, and with these grades the cost of production per ounce would be very low. Now, the question is just how many high grade ounces are contained in this one spot to a depth of 150 metres.
We will know soon enough once the resource calculations are completed. A mine portal at the bottom of such a starter pit would give easy access to more high grade underground beneath this starter pit. Depending on the result, a very profitable mine could be developed with organic cash flow from a starter pit on the Burns block, which would then provide the funding for going underground in the future. So, Bayfield has a number of options open for consideration.