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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by phineusgageon Apr 15, 2006 8:53pm
432 Views
Post# 10687894

Whiskey and Louise. news due? Summary

Whiskey and Louise. news due? SummaryAn update similar to Mar 27; 1st thing monday morning, could kick us promptly into the inevitable move up that will start soon, in anticipation of results to come on both fronts... I dont think, expected great resource calc numbers out of Louise are already reflected in SV, so we will see a move on this...we already have information indicating a large deposit, not compliant to todays reporting standard but not hocus pocus either, they are real numbers...so it is huge Whisky, thats any bodys guess... but what I read from this short little summary of what the first 10 holes are showing, sounds extremely positive to me... something similar in the last 30 and OHHHH Baby! Here's to a weeee up gap Monday........ Update Whiskey Gap Uranium Project and the Louise Lake Project Mar 27, 06 VANCOUVER Whiskey Gap " update for the ongoing Phase 2 drilling ... began March 1.. consist of drilling and radiometric logging is currently on hole 12 of a minimum 40 drill holes. .. 10 holes were drilled .... .. Anomalous radioactivity to a maximum thickness of 5 meters was encountered in ten of ten Commercial petrographic work .... containing scattered patches of carbonaceous grains. Organic carbon commonly acts to control the deposition of sandstone Uranium ore deposits. Louise Lake Update The 12 hole diamond drill program for the Louise Lake property is now completed. The core for the last few remaining holes continues to be split and sent off to ALS Chemex of North Vancouver, B.C., Canada for analysis. "The firm of SRK Consulting (Canada) Inc. concluded... resource estimate is ongoing and proceeding without complication."" "resource evaluation will provide a resource estimate for the Main Zone...Project deliverables .. include: geological model,..preliminary resource statement for the Main Zone compliant with CIM 2004 standards; ...report on geological modeling, data analysis, and resource estimates according to Form 43-101F1 for technical reports, and recommendations for advancing the project towards pre-feasibility. Options "... granted incentive stock options to its directors, officers, consultants, and employees...total of 550,000 common shares .. a period of two years,... $0.25 cents Charles Desjardins, President and Director
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