RE:RE:RE:RE:RE:RE:RE:Adelaide Capital, Anaconda Zoom meeting todayI was on the call yesterday and noted that Kevin was very excited about this first block of many drill core results from Tilt Cove. He said Paul (VP of Exploration) was checking his laptop daily for the numbers which are expected any day from the lab. PR would be a couple weeks out from there once they prepared the story for the PR sections etc.
They are hoping for a discovery hole and did note that there was NO VG in the holes...but still very excited.
As I said...a game changer and possibly the first of maybe several discoveries to come at Tilt Cove. The geology and geochem signatures they see in several target areas to be drilled look very similar to that at the Nugget Pond mine. Would be nice to secure MORE really high-grade ore for future mill feed to the existing mill. Fill up that old pit with tailings please!
I asked about drilling in the Dolliver Mountain area of Goldboro (Western end of the claim block and home of the largest stamp mill built in Nova Scotia). He said yes, but not right now...we are focusing on the main 2km area then will expand outward to Dolliver Mountain to add resources as production proceeds in the main zone...so basically future ore - a perfect answer.
No red flags with ongoing permitting process.
Bulk Sample grade was a bit higher than what the bulk sample samples indicated once AGAIN demonstrating the nugget effect...which basically means mill gives more gold than what all samples (drill, chip, muck) say...a nice problem to have (when producing) but a difficult one to explain to investors.