Drill Program? Victor, can you please answer this one nagging question for me?
Did OSK drill on the THG s Adanac property and spend $750,000. YES OR NO?
fyi from THG s website.......
Osisko Mining Corporation Begins Exploration on Threegold’s Adanac Project (2011-06-28)
Val-d’Or, Québec, Canada – June 28, 2011 –Threegold Resources Inc. (“Threegold” or the “Company”) (THG: TSX Venture exchange) is pleased to announce that Osisko Mining Corporation (“Osisko”) has begun exploration on the Adanac Gold Project. Preliminary work on Adanac includes some data validation and integration of previous data into a comprehensive database, relogging of some key holes, characterization of the known alteration and mineralization and extensive surface sampling. Diamond drilling is scheduled to commence thereafter. Osisko is currently planning on spending approximately $750,000 on Adanac for the first year of exploration. The target is a low grade, bulk tonnage gold deposit. Geology and alteration mineralogy at Adanac are similar to what has been observed at Canadian Malartic.
Osisko has also commenced compiling and analyzing exploration data on Threegold’s Standard Gold property, located in Duverny Township, Abitibi. Osisko is currently planning on spending approximately $500,000 on the Standard Gold Property for the first year of exploration.
About the Adanac Property
The Adanac Project is located on a southern splay of the famous Cadillac Larder Lake Break that is host to an impressive number of historical and current mines that collectively produced almost 100 million onces of gold. The area has been gaining significant attention with the recent exploration success of Gold Bullion Development Corp on their flagship Granada project, which lies immediately adjacent to the Adanac property along the western claim boundary. The Adanac property consists in 91 claims covering 3276 hectares and is underlain by Pontiac and Temiscaming metasedimentary rocks that have been strongly deformed and sheared. An unknown quantity of gold has historically been produced on the property mostly from the Adanac shaft that reaches a depth of 98 metres opening on 3 sublevels. Threegold began exploring the project through property-scale geochemical and geophysical surveys between 2007 and 2009 followed by a 4,474-metre, 22-hole diamond drilling program carried out in the fall of 2009 to investigate the most significant targets on the project. This program helped outline a 1.8-kilometre gold trend on the project.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=THG&t=LIST&m=31881436&l=0&pd=1&r=0#tq4IgbLQtKUWIarg.99