Delineation Drilling Proving Up Readily Available Mining OreA closer look at the drilling results will clearly demonstrate that the highly economical mineable ore is in very close proximity to existing infrastructure...very nice indeed!
The stope designs will be very important in order to minimize dilution...due to deposits relatively "flat" nature...careful planning will get the job done. The average grade will place the mine in the higher percentile group and will be the envy of existing producers
I was waiting for these type of results to add to my position...the stock price is very attractive to say the least...gold has a bright future..so does Sabre Gold.
The latest drilling results have also highlighted what I suspected every since my initial investment...that the deposit is open at depth and increasing in grade and mining widths...expansion is in the very near term once they are able to provide free cash flow and increase exploration drilling at depth.
The Copperstone Mine is a "diamond in the ruff"...the investment community is not paying too much attention...but...that will soon change.
Hole P2D84 12.2 metres @ 8.0 g/t and a mining width of 9.5 metres is exceptional...it is located at the northeastern llimits of the drilling in the D Zone.
A mining width of 9.5 metres...exceptional indeed.
There is no doubt in my mind that as we move laterally down dip and away from the A & B Zone and into the C and onto the D Zone the deposit is growing and that is where the focus will be in terms of initial and future mining. They are establishing the highway that fed the Open Pit that was mined out in the past and is the source of it...exciting to be sure! An E Zone and F Zone...absolutely!
The share consolidation is on the way @ a financing package. I believe Bonifacio will be looking to do the financing at $.40...therefore using todays share price the consolidation will be done at 1 for 7.
We are on our way!
Stay Tuned!
Regards,
Digger 0144
P.S. Significant upside will come when they are a producer and the story
begins to prove itself...in otherwords...a show me story!