RE: Hole 99?Hello again folks. Well, looks like we are finally starting to get some momentum on our side. I wouldn't be at all surprised if we took out a dollar pretty soon. As stated in my previous posts, I think we are sitting on at least 2-3 million ounces and maybe other investors are starting to realize this also. It's nice to see some new faces on board and some of the old ones still hanging around too! The perplexing hole 99 is actually hole 08-99 from last year - "
The company reports that mineralization in drill hole HR08-99 is located over 150 metres to the east of drill hole HR08-87 (52.5 metres of 21.0g/t Au and 11.6g/t Ag including 7.7 metres of 181.6g/t Au) and occurs adjacent to a steep down-drop of the footwall volcanic sequence towards the northeast. Mineralization in previously reported drill holes HR06-24 (10.2 metres of 20.3g/t Au and 123.5g/t Ag) and HR06-27 (4.9 metres of 25.3g/t Au and 40.3g/t Ag) and HR06-35 (14.5 metres 6.0g/t Au and 3.6g/t Ag) are distributed along this same sub-vertical feature and, together with drill hole HR08-99, appear to define a potential second “feeder” in the Homestake Main zone. This newly identified “feeder”, which runs parallel to a similar “feeder” associated with drill hole HR08-87, is relatively under-drilled with a strike length in excess of 200 metres and a vertical extent of greater than 100 metres. The identification of a second parallel but separate “feeder” deeper in the deposit is a significant step toward increasing the higher grade potential of the Main Homestake zone.
| Hole No. | Collar Data | | | | Est. True | | |
| | AZ | DIP | Depth | From | To | Interval | Thickness | Au | Ag |
| | Deg (UTM N) | Deg | (m) | m | m | m | m | g/t | g/t |
| HR08-99 | 218.0 | -80.0 | 227.7 | 95.2 | 126.4 | 31.2 | 29.2 | 8.4 | 345.6 |
| inc. | | | | 95.2 | 105.2 | 10.0 | 9.4 | 24.9 | 1042.9 |
| and | | | | 101.2 | 102.7 | 1.5 | 1.4 | 152.5 | 6075.7 |
Obviously they will need to fix their press release to reflect that error, but I wouldn't mind if they popped a few more like it too!! As for the abandoning of Woewodski, it's too bad but I really didn't buy Bravo for that parcel of land at all. My money is riding on Homestake. That property is enough to drive this company much, much higher.
GLTA!