RE:RE:RE:I'm looking forward to more 5.2 m of 5,258 g/t AgFourbarrels, yes bonanza grade silver is a good possibility, they knew where the high grade veins had been mined or are exposed when they located their 2020 drill holes. And just from observation of the core without assay they already know enough of the stratigraphy and expression of silver oxides or sulphides in the observable core they are already mapping their drill targets for this year even without assays in hand. THey have said as much by indicating they intend to use prior tunnelling as underground drill pad locations. No way (my belief at least) they would have announced that intention without a high degree of certainty about expected results.
For me that is sizzle. The steak is additional proof that high grade silver is just an expression of a much larger economic polymetal target such as Premier. So what might be more exciting than a few meters of super-bonanza grades at the shallow end might be made into much more promising news by modest grades of copper, gold, zinc, lead, moli, at greater depths. I wonder how much length of core is comparable to what has been massively drilled over the mountain at Afton’s property, where as we know they have been drilling for decades. Big body of comparatives there to study.
Any drill play is a high risk gamble. The overall success rate is minuscule by but we are already ahead of the laws of averages from prior mining, location adjacent to a theoretical model, and surface works. I have a high degree of confidence the assays will advance, not put into question, the greater large scale deposits theory. Whether the market responds or understands ... you know in some respects you kind of hope we are dancing with joy and the market ignores clear indicators, because then we get to back up the truck at a rock bottom market cap. Whoop!
Should be soon. We’re not alone. MTB’s old buddy Big Ed has been waiting on assays from Decade’s Del Norte drilling ... running on an even longer schedule as they were pulling core earlier last season. Golden Triangle ... Eskay, Pretium, Treaty Creek, these two ... heating up to say the least, and market trends continue to say cheap money, higher metals prices. Exciting or what?
cg