GREY:QNMNF - Post by User
Comment by
rolfotoon Jun 10, 2011 3:51pm
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Post# 18700927
RE: dundee update - higlights
RE: dundee update - higlights"There is little doubt in our view Upper Canada isproving up to be a sizeable mineral system.
This bodes well for acontinued discoveries and possible surprises on the up-side.
We notethat Upper Canada operated as a successful underground mine from 1936 to1972, producing around 1.5 million ounces at an average grade of 11g/t. What we see in the data is good potential for a bulk mineable,combined open pit - underground operation with some sweet spots to boot!"
"Holes drilled to the north of the North Branchalso extend the existing mineralization and the zone remains open toboth the east and the west. Highlight holes from drilling in this regionincluded 3.13 g/t over 5.8m and 3.19 g/t over 4.6m."
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