Upcoming News......I am vested in TCC but have been peeking over here to see if the board is looking forward to the upcoming Prospector results and thought I would share with the board that in my conversations with management from TCC a few days ago, they verifed that the results for the Prospector Mountain would be released within two weeks, so that should occur towards the end of next week sometime or early after. Those initial results were extremely impressive to say for sure. Looking forward to seeing these results.
Not sure why individuals would be expecting this sp to drop to the low .50's with the Prospector due in such short time; not the time to be selling in my opinion.
During 2009, a three phase exploration program was carried out at Prospector Mountain, the first Phase of which explored portions of the property to assess the merits of the historical targets and begin defining future diamond drill target. A total of eighteen locally weathering talus samples were selected, and results included one sample which assayed 27.6g/t gold and 1.37% copper and another sample that assayed 910g/t silver and 28.0% lead.
The phase II work concentrated on the reassessment of historical vein zones in the western part of the claim block, and included findings of 1840g/t silver, 28.78% lead and 0.70g/t gold across 0.72 metres of Area A, 58.9g/t silver, 2.38% lead and 2.02g/t gold across 0.54 metres of Area C, and 613g/t silver, 28.94% lead and 3.51g/t gold, across 0.17 metres of Area D.
Exploration during this final phase of work concentrated on the continued reassessment of the historical porphyry target in the eastern part of the claim block, and discovered a number of new showings collectively referred to as the Bonanza Zone. Some of the highlights from this Phase III sampling at the Bonanza Zone, include 82.8g/t gold, 299g/t silver and 1.49% copper; 14g/t gold, 1340g/t silver and 11.65% copper; 55.7g/t gold, 1375g/t silver and 7.38% copper; and 82.2g/t gold, 888g/t silver and 5.97% copper.
The latest findings from the Bonanza Zone, coming from 84 select prospecting samples and 221 soil samples, returned two select rock samples which assayed 109g/t gold and 53g/t gold respectively. Gold assays from rock samples range from below detection to 109g/t, copper values range from 2ppm to 3.16%, and silver values range from less than 0.1g/t to 543g/t. Silver Quest also reported the definition of three new gold-in-soil geochemical anomalies within a 1,000 meter by 550 meter zone.
Gold in soil assays varied from below detection to 0.38g/t, copper varied between 15ppm and 375ppm, and silver varied between less than 0.1g/t and 2.5g/t. Silver Quest, as part of their agreement with Tarsis, now intent to carry out a drill program on the property in September, which they say will consist of 10 shallow drill holes approximately 100 metres in length to test for mineralisation below the Bonanza Zone.