RE:Going Deep The comparison to make is to Fosterville.
Moosehead deposit mineralization has been compared to Fosterville in Australia. Agnico Egale in their last report Fosterville mined an average of 16g/t. Fosterville's proven and probable grade is
10.33 g/t. Fosterville's highgrade is over 1000 meters underground. Fosterville is one of the highest grade deposits in the world.
Sokoman is hitting high grades at very shallow depths.
The average of
18.89 g/t for the 106 intercepts is an indicator but not a compliant 43-101 measurement that would have a high degree of reliance.
Newfound Gold is hitting phenominal grades. They are on a parrallel fault structure, the Appleton Fault, to the Valentine Lake fault that Sokoman is on. These faults run south-west to north-east across Newfoundland. These faults in the crustal layer of the earth are the result of techonic collisions. The mineralization of Newfound Gold's cores are being compared to Fosterville also.
They are drilling into hydro thermal orogenic structures that are comparable to Fosterville Swan deposit. Google the term for more detail.
Newfound Gold's and Sokoman's website have a very good discription of the geology. Also you can see comparisons of Sokoman's core to Fosterville core on Sokoman's website.
