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Bullboard - Stock Discussion Forum Alpha Minerals Inc ESOFD

GREY:ESOFD - Post Discussion

Alpha Minerals Inc > Food for thought
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Post by Chattyc on Feb 21, 2013 9:13am

Food for thought

Hole # 24 assayed 12.5 meters of 2.49% U308.

 

Hole # 27 drilled 15 meters west of hole # 24 has 37  meters of continuous mineralization including 4.5 m of off-scale scint cps readings with assays pending.

 

Hole # 38 drilled 385 meters east of hole # 24 discovery area and intercepted 57.5 meters of mineralization including 20 meters of off-scale scint cps readings with assays pending.

 

2 drills continue  turning..

 

The area plays may be enticing, but none of them have the above going on. AMW is the pure play at PLS. AMW have the discovery and building on it.

Comment by LoneStar1 on Feb 21, 2013 10:12am
Chatty: Excellent concise summary.  If infill future drilling proves up continuous mineralization between Hole #27 and Hole #38, we are at the start of something very large. This, as you have already pointed out, is not the main source.  Who knows how large this system really is and how long it will take to define it?  When  AMW announced the accelerated exercising of the ...more  
Comment by Chattyc on Feb 21, 2013 10:46am
LoneStar1, I agree. The next good intercept should take care of the sellers wanting to raise funds for their exercise, if they have not done so already. Lots of opportunity at great prices. The assays are what people want to see and when they arrive and put the stamp of approval on the PLS discovery, AMW will take on a different look I think.   12.5 m of 2.49% is great, that 37 meters of a ...more  
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