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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > South Baird Report
View:
Post by theNumbers on Feb 12, 2006 1:54pm

South Baird Report

The South Baird report prepared for Solitaire Minerals by Clark Exploration Consulting can be viewed on line from infomine.com. Of interest is the past work done on the South Baird property which I have pasted it below. 1945: Rogard Mines explored the eastern extension of the New Faulkenham Mine vein structure. Values are reported up to 0.42 oz per ton Au in samples from a series of east to east-southeast trending quartz veins, on what is now claim KRL 1244620. 1951: Childs Red Lake Gold Mines drilled 9 holes, 919 feet on what is now claim KRL1244608 to test the projected west extension of the New Faulkenham Mine Structure. Heavy pyrrhotite and some pyrite were reported in one of the holes no analyses were reported. 1963: Dickenson Mines Ltd. drilled 1 hole on what is now claim KRL1244608 to test the projected west extension of the New Faulkenham Mine Structure. Sulphide mineralization was noted in the log, however no analyses were reported. 1976: Selco Mining conducted ground magnetic and electromagnetic surveys on what is now claim KRL1244620. A strongly conductive and magnetic horizon was identified and tested by two drill holes totalling 184m (92m each). The drill holes encountered 3.5 feet of narrow sulphide blebs and stringers proximal to a contact between mafic volcanics (basalt) to the north, and felsic tuffs to the south. These sulphides assayed 2.08% copper, 0.075 oz gold per ton, 0.09 oz silver per ton, and 0.01% zinc, (in hole 220-1-1). Similar mineralization was encountered in the second hole as well, but since the value indicated was “not of economic characterâ€_, no further drilling was undertaken. Both holes returned anomalous Cu values at the base of the mafic volcanics, including 0.984% Cu over 10.5 feet (hole 220-1-1) 1989: Grid Data North conducted an airborne magnetic and VLF-EM survey and identified several anomalies. 1997: Canadian Mining International Ltd conducted linecutting, magnetometer survey and VLF electromagnetic survey over the central part of the South Baird Property and identified a number of anomalies. 1999-2001: Ansil Resources Ltd conducted limited prospecting (4 mandays) and MMI soil geochemical survey (23 samples on a single 400 metre long north-south line) and drilled 2 holes, on what is now claim KRL1244608 to test the projected west extension of the New Faulkenham Mine Structure. Anomalous gold values were reported from quartz veinlets within granodiorite encountered in the drilling but no assays were specified.
Comment by vcomtech on Feb 12, 2006 2:05pm
Hopefully they find Au, not pyrite...lol. thanks for the info
Comment by WesternRookie on Feb 12, 2006 8:24pm
I don't give South Baird any value at all until we see some drill results. Its Moly I'm after. Anything over 3 g/ton I think would be bonus. Madison in my opinion is the more interesting speculative play.
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