ALL THE RIGHT MOVESI figure...
Fokus can run one of two paths...
1- infill drill, bump up the. inferred 1.4 million oz into
higher category and perhaps tack on a few more oz.
2- target more " key target zone "
keep increasing the inf gold oz.
From an investors stance,
i would choose more gold oz...
From listed company stance, play safe and
firm up what you have.
From an investors stance,
We don't know if others drills were tapped
if tapped - over the yeas to rule out other areas.
These " stats |" i wish i knew... i'd be able to better
guage the present drills and know with more accuracy
where they should drill next...lol
High grade versus low grade ?
Let's just say... i'm more prone to invest in consistent low
grade - 100m 200m 300m intercepts.
Each scoop of, ore.... one can computate what it costs
to mine....
Versus... high grade, many deposits with high grade are
not what they seem.... Red Lake, West red lake, Harte, etc...
Iits a whole diff story chasing high grade in pockets, in and
out of the mine, limited ore removal, and fearing if they captured
the gold in drill results... lately, several have failed.
Hence....open pit low grade in my opinion, have a far higher
chance of success - dependent on management skill sets.
Now.... are we priced appropriately ?
No...lol
Goodness sakes,
Emporer ( auiz ) on the fault above us, Porcupine,
Is valued far higher than us.
FKM has established 1.4 million oz.
Emporer still has to prove 700+ thousand oz.
Emporer is just begining.
And only has 50% of the project based on milestones.
As one can see, FKM, is undervalued.
Has FKM been in discussion with nearby peers ?
Haven't a clue.
So.... i revamped my own interpretation of - Galloway.
Added a few extensions onto the - off chute cadillac fault
that " i feel " is an offchute... seen in green dash lines..
And... i placed ( 12 ) exploratory drill holes where i feel
would be ideal to capture more gold.
I stress, i don't know where all drills wereplaced over the years.
Hnece.. i'm at a disadvantage - so... i'm only going on...
What i see on terrain mode - and where i think the faults and fissure
are on Galloway....
Yes... i would use maverick mode...
rach up more ounces... vs, shore up.
Here is where i would place the next drills...
Perhaps totally diff than company.
But... hey, new eyes on a project is always good.
Just like pointing out the aluminum values - wink.
Aluminum would bump up our gold grams per - tonne.
Why did i use an opposite drill placement ?
On either side of a faut or fissure ?
One never knows where the - gold wil lplace itself.
If there's gold... it's either on one side of a fault or other...
And.. yes, sometimes directly below.
Enjoy....
Cheers....