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RED EAGLE EXPLORATION LIMITED V.XR

"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."


TSXV:XR - Post by User

Comment by geocycleon Apr 03, 2014 9:41am
165 Views
Post# 22404710

RE:Galway Gold and CBJ

RE:Galway Gold and CBJ
Lunchisforwimps wrote:
Not making excuses but epithermal veins are notoriously difficult to 43-101.


They are not.

This is yet another ludicrous story that hurts the whole industry.  CBJ has been carrying themselves along on a single, oblique drill intercept (October 24, 2011) that was obviously drilled in that manner in order to fool the market.

How do you drill 114.98 m @7.57 g Au/t and end up with 123,000 indicated oz Au almost three years later?  Simple, the strike length of your deposit was 114.98 m.

Incredible.
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