RE: News.Antimony and 24/gm ton Gold at Little RivThese results are especially encouraging , as they confirm and substantially extend the results from the 2008/9 geochem and soil sampling program.
What is even more impressive is the ubiquitous association of Antimony with high grade zones of gold.
In the 2008/9 program, there were numerous new bedrock, subcrop and locally derived float occurrences with gold values as high as 136 g/t (+4 ozs per tonne) and 10 samples in the 10 to 25 g/t range.
In the 2010 program..which examined areas outside that of 2008/9 , we see the same spatial pattern , with many new gold anomalies being found in association with antimony.
The combined areas sampled is now substantial and extends over 300 m in both directions, and ongoing trenching and sampling will prioritze targets for fall drilling.
Most significant this year, is the sourcing of a historical antimony + gold (Sb+Au) vein that was originally discovered in the late 1970s by Hudson's Bay Oil and Gas Company.
Analytical results from the initial bedrock samples taken from the vein prospect returned 34.9% Sb with 24.1 grams per tonne (g/t) Au and 27.6% Sb with 7.1 g/t Au. The vein is up to 30 centimetres wide and has been exposed by a series of hand dug pits over a 40 metre strike length (see photo). Results from subsequent bedrock samples taken from various spots along the exposed vein have returned very high grade antimony with lower grade gold including: 50% Sb with 219 ppb Au; 49.6% Sb with 483 ppb Au; 49.0% Sb with 110 ppb Au; 36.5% Sb with 118 ppb Au (see photo).
These are exceptional results, esp in association with high grade gold.
Antimony is a rare and very valuable metal, with current prices being in the $4.50 per lb range....ie much more valuable than copper.....if not gold
The BeaverBrook mine is just 30-40 km away, so we know that we are in the right zone for another major antimony discovery.
Given the inherent value of the VL asset, and Bobby's Brook base metal asset, the addition of antimony along with the speculative froth of the fall drilling program, we should see MOA move briskly above the $1 level, as investor discovery proceeds...