very interestingi've plotted all the holes WSR announced. the first 15 holes are allover the place trying to figure out the orientation of the deposit. thelast 10 holes are more accurate since they are starting to get a handleon the way it strikes and dips. WSR states it is N-S trending. idisagree. based on the last 10 holes they are drilling into a zone thatis very flat lying, perhaps 50-55 degrees and strikes 325 degrees.Assuming their line 1+00E is 100 metres east of the Mill City boundarythe zone will strike onto the Mill City ground about 100 meters NW ofthe intersection in hole 25 (the most northerly hole in the program.Holes 25 and 23/24 have tested the zone about 200 meters acrossstrike. The zone has been tested to depths of 200 meters below surface(vertical).
The zone is near the NW-SE (same trend) contact with the felsic stock.This section of volcanics has been displaced from the main trend to thesouth (slip fault). Faulting has played a key role in the localizationof high grade zinc mineralization. Mill City should have at least1,000 to 1,500 meters of mineralization along the NW section before thezone strikes onto the GGZ option to the north. GZZ will also hold asmall section (perhaps 500 meters) of the zone to the SE before thezone truncates at the faulted volcanic/pluton contact. Mill City willalso have 500-700 meters of downdip before the zone dips onto GZZ. Ifyou calculate a 1.5km strike length and a 500 meter dip with widths of30-40 meters you get quite a few million tonnes of metal ore. I'mquite sure that either WSR, MTX or NOT will attempt to make some kindof deal with Mill City and Temex for an interest in the property.
If the market wasn't in such bad shape we would have seen all areastocks triple. Fortunately, WSR/MTX are in this game for the long termand a pissy market won't prevent them from pouring cash into this playuntil the market improves - which it will. Both companies have hiredVMS people and WSR has committed some pretty serious money to this newdiscovery. With Mill City and Temex drilling a property 100 km to thesouth they now have a drill to move up to this play in October. Glad Istayed in - high grade zinc and other credits look good in the longhaul. Future drilling into a better market will attract a lot ofattention and demand higher share prices.
Good luck to all.