GuaranteesYou're right Schlinker, there are no guarantees. But investing in an exploration company that has quality projects that has consistently generated positive results sure does tilt the board in our favour. Each gold property during the last round produced significant gold intercepts with Reserve Creek producing the exciting bonanza grades.
The last time Silverjack was drilled, 17 of 20 holes returned significant grades of silver, copper, zinc and/or lead.
So even though there are never any guarantees, you sure have got to like the odds of hitting again given these past results and past succeses.
Past Results of Properties to be Drilled
Reserve Creek: 16.85 m of 16.45 g Au/t (within a 47.5 m of 6.58 g/t)
30 m of 5.48 g Au/t (incl. 5.4m of 10 g, 6 m of 7.3 g, 1.4 m of 34 g, 0.3 m of 107 g)
New Brunswick Trenching and Drill Targets
Silverjack: drill assays up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead
Knowles Vein (Silverjack): 17 ton bulk sample grading 51 oz (1750 g) silver, 14.3 % lead, and 10.2 % copper.
Mitchell (now part of Silverjack): grab samples up to 12.9% copper, 126 g silver/t
Nash Creek (SXL's deposit adjacent to Silverjack): NI 43 101 compliant 9 million tonne silver-zinc-lead open pit amenable deposit with insitu value of $650,000,000; all infrastructure in place