Santa FE Metals Corp New SFMCF

Drilling update

[MxPx]

I talked to Scott today. Scott is still seeing all of the rocks you want to see, they are coring the hole every 50 metres. Scott says they should be in the target zone Friday or Saturday. Scott sounds really confident in this hole. He says the main difference between Stikine's hole a decade ago and this one is that Stikine was not able to use Gravity geophysical imaging. We are chasing after something big that we know is there due to the gravity geophysical imaging. Stikine did not have that certainty/luxury.

[banx]

Good post. Today's technology is superior to "back in the day". There's something there for sure but science has to intersect with a bit of luck. Getting closer Imo...

[HeyIrish]

The only nagging question is "If this target is so big why do we keep missing it?"

[stateside]

Some good background on Sullivan and Paul Ransom: https://www.safehaven.com/article/2969/orebody-or-anomaly-stikine-golds-quest-for-glory stateside

[badguess]

The way SFM has mapped the target Aldridge formation based on the last hole is a pile of fault blocks stacked one on top another therefore there isnt a wide formation target. From the published pic the current well is hoped to test 3 or 4 of these blocks and hopefully some will have the heavy metal that is showing as a gravity high. Or maybe not, but geo science is now based on two legs, gravity

[HeyIrish]

Good guess badguess, that's the way I'm looking at this project too. Based on company reports, if they are accurate, I'd have to say the chances of success are better than average. Yes stateside, their leaving before results. It kinda feels like we are supposed to evacuate our shares before a big storm hits. As for me I've dug in and have battened down the hatches and will , for