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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > From the Frazer Mac Report
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Post by scoutaz2003 on Apr 24, 2012 4:29pm

From the Frazer Mac Report

The other significant intercept in our view is hole SP-120 which hit 0.51 g/tonne over 202.0 metres. While not spectacular in grade, this intersection results in a grade-thickness of over 100 gram-metres. This impressive gold budget, to us, is indicative that the hole is likely drilled on the margins of a Portage style mineralized zone. It is unclear as to the geometry of the zone in this south-east area and whether or not it represents the strike extension of the actual Portage. Should follow-up drilling confirm the existence of Portage style grade and width tenors this far to the south-east, our 7 million potential ounce estimate will likely be conservative.
Comment by tdsb on Apr 24, 2012 4:50pm
Are there any Couriers De Bois out there that can tell us what a "Portage style grade and width tenors" means to a layman, I only wish they could hire people who could write their news releases for the general investing public, I guess I will have to research this on the internet. I will let you know what i find out.
Comment by tdsb on Apr 24, 2012 5:28pm
From the reply's I'm getting and reading I'm hearing this:" I have no idea."
Comment by Geospot on Apr 24, 2012 5:54pm
TDSB - While not a geo-linguist, i believe by "Portage styel"he means the gold-bearing black stuff* that characterizes the gold-bearing mineralization in the Portage zone, and by "width tenor" I believe he means about the same width. My pathetic attempt at translation: If we poke some more holes there and confirm that the black stuff extends this far southeast, and at the same ...more  
Comment by tdsb on Apr 25, 2012 8:29am
Thanks GEO, today should be interesting to see which way the winds blow!
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