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Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > Company Presentation
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Post by youngkid on Jul 14, 2011 9:20pm

Company Presentation

Found a company presentation on their website, https://www.channelresources.ca/i/pdf/chu-presentation.pdf.

Nice to see this ticking upwards again. Drilling started a month ago so we should have some assay results back soon from the two drills that are turning, and to projects located near us have recently announced resources of 1.6M - 3M Oz of gold with a handful of other 1M+ Oz deposits in the area. Not saying we'll be close to those numbers in the first resource calculation, but it shows the quality of the district Channel Resources is in.
Comment by jpbb on Jul 14, 2011 10:16pm
"projects located near us have recently announced resources of 1.6M - 3MOz of gold with a handful of other 1M+ Oz deposits in the area. Notsaying we'll be close to those numbers in the first resourcecalculation, but it shows the quality of the district Channel Resourcesis in."I wouldn't be surprised if they come up with at least 1M ounces in the upcoming resource estimate.
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