EXPM:RLGMF - Post by User
Post by
Wangotango67on Dec 21, 2021 4:46pm
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Post# 34252298
MAYBE ...
MAYBE ...Maybe RLG see's something extra special in this 200m strike - bulk sample ?
They did say in vidoe it's 30m above the current mine.
I would assume they mean - 30m - above the current elevation of Rowan.
Are they thinking along the lines of,
Shaving 30m x 200m ( strike ) x 20m to 40m W ?
200m x 30m x 40m x 2.9 ore weight
= 696,000 tonnes
x GRADE ????? ( block averaging applying - void blocks with gold blocks )
3 grams ?
And that's the missing link - average grade - of - bulk ores
The recent shallow drill holes did report - very nice gold grams - but it becomes a question of
how consistent would the gold grams be throughout vs void blocks ....?
Maybe i'll do another search and see if the gold grams from Rowan long ago ( at surface )
were high grade and consistent - this whole area has the imprint of large vien resources -
but or on the flip side - quasi veins systems do show themselves - veinlets -
I was reviewing the entire RED LAKE area and couldn't help but notice the distric does have a few similarities to that of, Hammond Reef.
Shallow near surface gold - nuggety -
Yes.... some red lake deposits display - nuggety gold.
Some even say, red lake has characteristics to that of - replacement deposits.
if true... then a massive intrusion occured - explaining the - nuggety gold effect.
By the looks of the amount of lakes - not hard ot think they were once all connected at one time. Could Lake Superior have breeched it's current constraint and entered red lake area long ago ? Hence why i'd like ot see more cores - for my own knowledge - see how much
calcite / lime are in the cores - i have suspicion to beleive that many of these quasi veins ( cores ( from other juniors in area ) are not actual true veins but rather a crystal effect not brought upon by - hydro thermalut post developments of calcites or quartz whereas both are prone to crytal growths on thier own witrh the assistence of - water.
It is my beleif - many of the deposits are from - oceanic sediment floors uplifted.
Whether lateral in nature or - tilted uprigh aside of, true volcanic systems.
SUM IT UP -
Maybe RLG is seeking a potential captial infusion... to preserve shares ?
bulk mining - this 30m x 200m ?
More intel is needed.
I wish RLG was not so conservative.
A tad more flair would be nice.
Need to know what the - over all - plans are...
This baby stepping is... ugh.
YUP - investors nowadays are quite savvy....
Press releases / videos need as much info as possible.
Maps - that outlines the parameters - depths and surface widths with a
repeat of grades to better explain thier - goals. While at it - throw in some core pics.
This is perhaps the first stock in which i cannot find mass cores pics - odd.
Newbie like myself -
fresh into this stock - needs such intel - to gain a better understanding .
I thrive for intel.
Wink.
Cheers....