1 - One saying - delayed cores - enough money - while CEO has background in, finacing.
2 - Another saying - gold is just not in at the moment.
Uhhh... Gold is game on.
Especially if the depoist is... shallow.
Easy to get at and mine.
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So i did a double take on the - CABIN ZONE -
Cabin - is lower of the main - long outcrop -upper right side. ( Lichen outcrop ) wink.
Cabin - is lower of Beaver.
Appears Cabin and Beaver are more associated to another.
GOOGLE MAPS - CAMP LAKE - https://www.google.com/maps/place/Cabin+Lake/@63.1812364,-115.8585195,2652m/data=!3m1!1e3!4m13!1m7!3m6!1s0x53d1f12ca34682c9:0xb4c137244371ef81!2sYellowknife,+NT!3b1!8m2!3d62.4539717!4d-114.3717887!3m4!1s0x53d141078ca79c8d:0x32f3fc1918877670!8m2!3d63.1728591!4d-115.8196192 We know about the Andrew and Beaver - double ounces.
But what about the - Cabin ?
I went back a few press releases and it said this....
FEB 03 2022 - PRESS -
Arrow Zone Phase 3 On
November 24, 2020, the Company reported on the
confirmation and expansion of the historical results reported on by Aber Resources in the 1980s at the Arrow Zone. Drilling at Arrow (formerly the “Cabin Lake Zone”) in 2020 led to the discovery of a continuous high-grade gold ore shoot that extends 120m at surface, and dips northwest below Cabin Lake. Highlights of the 2020 results include DDH CL-20-08 which intersected
32m of 13.6 g/t Au. Hole CL-20-08 was drilled from the shoreline of Cabin Lake,
https://www.globenewswire.com/en/news-release/2022/03/21/2406793/0/en/Rover-Metals-Announces-Start-of-Phase-3-Drilling-at-Its-Cabin-Gold-Project-NT-Canada.html SOUNDS LIKE - BACK IN - 2020 - Confirmed and expanded historical results by, Aber.
NEXT UP - MOVING FORWARD - Confirmed Beaver + Andrew with expansions.
PHASE 2 + 3 - more drilling.
Confirmed 800m strike + 200m strike.
Why it's os hard to decipher is....
The hisorical claims shoud've kept thier original names.
What names ?
Aber's North and South Limb = Bugow zone...?
Andrew completely separate - larger outcrop - upper right of original Cabin.
I would have to assume -
Just two strike zones now.
1- Arrow Zone ( north limb, south limb, beaver all around cabin lake - striking NW
2- Andrew Zone - larger outcrop - upper right of Cabin - lichen outcrop -
Based on my interpretation -
Cabin ( north + south limb ) are formerly where Aber drilled
Rover has stated as outlined above - has been confirmed and expanded.
Could be.. the extension of Beaver incorporated....?
Entire Cabin area project - Spoken of in past as the - Bugow zone ?
Changing zone names - is...
well... i'll refrain.
YUP....
Andrew zone all on it's own - MASSIVE larger outcrop
interesting quartz feldspar geology.
I find this fascinating.
And of course....
Slemon and Camp - didn't recieve any atttention.
These claims have an interesting history
So.. .essentially - Cabin, Beaver parts of Andrew...
All confirmed compounded, and upgraded.
Why is it so hard to put this in a press release - all together ?
Why stickit in the - MD&A ?
Why are 2 holes - most important - delayed ?
Why more gold found outside of sulphides -were only select sulphide chunks sent - ASSAYED ?
What heppend next ?
New claims - scooped. 9 only 1st year of terms outlined )
Lots of shares traded. ( someone's happy )
Stock shorted
Metallurgy results are where ?
Ore's with Fortune for testing in Q1 ????
Crew has new assignment - while current one is - unfinished ( resource size )
Crew is Jet Set.
Shareholders are wondering what the hell just happened -
Stock sitting at 2.5 cents with a never ending ask.
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HISTORICAL -
Three historic resources are reported on the property in the NWT Minerals Database (NORMIN 085OSW0001). On the
south limb of the fold, Aber Resources Ltd. reported a resource of 100,000 tons at 0.30 ounces per ton gold in their annual report while on the
north limb of the fold, Energy Mines and Resource Canada Mineral Bulletin MR223 records a mineral inventory of 43,900 tonnes at 4.39 grams per tonne gold in the
Bugow Zone and 18,100 tonnes grading 7.89 grams per tonne gold in the
Andrew North Zone. The
reader is cautioned that these resources are historic in nature, do not comply with National Instrument 43-101 and have not been verified by Rover Metals.
Rover Metals also owns 100% interests in both the Slemon Lake and Camp Lake projects which are located approximately 10 km and 20 km away, respectively, from the Cabin Lake Property.
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This stock should not be at 2.5 cents had the resource size bene annouced firstly.
Then... acquire - Indian Lake,
All backwards.
Cheers.....