RE: Good News this week?Do you know something about the silver grades that the rest of us don't? The silver assays shown in the Nov 17 2010 nr are interesting and would help the economics of production but me thinks it is gold assays that we are most interested in, n'est-ce pa?
Table formatting is gone so go to page 3 of the link to see the silver assays.
https://www.goldcanyon.ca/i/pdf/nr17nv10.pdf
"Silver assays have returned from holes SP10-012 and -016 (see table below). Silver was never
routinely analyzed at Springpole in the past, but the Company now conducts systematic
assaying of silver on all new holes. The Portage Zone demonstrates appreciable silver such as
hole SP10-012, 133 meters at 8.55 grams per tonne silver (436 feet at 0.250 oz per ton silver).
Silver to gold ratios from the Portage Zone generally range from 2.5:1 to 11:1.".
.
“The Portage Zone continues to deliver consistent drill results,” comments Dr. Quinton Hennigh,
technical advisor to Gold Canyon. “Hole SP10-022 is the southeast-most hole drilled by Gold
Canyon to date. We feel confident our upcoming winter drill program will continue to expand this
very large gold system. We are also pleased to see consistently high silver from the Portage Zone.
Our silver assays suggest that, in essence, we are finding a few ounces of silver for every ounce of
gold”.
.
Gold and Silver Intervals from Holes SP10-012 and -016
Hole
SP10-012 275 408 133 0.79 8.55 436 0.023 0.250 10.9
includes 275 284 9 2.54 6.06 30 0.074 0.177 2.4
includes 359 362 3 8.76 128.37 10 0.256 3.748 14.6
This hole deviated, and as a result, did not test the full width of the targeted zone.
Short intervals of no core recovery were encountered at 314-317 m, 329-332 m and 362-365 m.
Zones of no recovery were given 0 gold and silver grade in the weighted averages above.
SP10-016 181 187 6 0.94 17.42 20 0.027 0.509 18.8
206 511 305 1.03 4.71 1000 0.030 0.138 4.6
includes 289 463 174 1.35 5.62 571 0.039 0.164 4.2
includes 289 292 3 7.30 58.80 10 0.213 1.717 8.1
includes 312 322 10 2.94 8.72 33 0.086 0.255 3.0
includes 387 397 10 2.08 7.52 33 0.061 0.220 3.6
Hole ends in mineralization.
Short intervals of no core recovery were encountered at 247-250 m, and 445-448 m.
Zones of no recovery were given 0 gold and silver grade in the weighted averages above.https://www.goldcanyon.ca/i/pdf/nr17nv10.pdf