TSXV:EGA.H - Post by User
Post by
ticktalkeron Sep 10, 2006 1:03pm
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Post# 11342019
Some comments
Some comments
(1)This is where the first results should come from(April 25 2006 release):
"The first holes are stationed 10 meters north of the Aracati pit. The first drill hole will be drilled at an angle of minus 70 degrees and the second at minus 50 degrees in order to intersect the steeply dipping mineralized zone observed in the Aracati pit.
In October 2005, Amerix announced the results of grab sampling in the area of Nova Brasilia and the Aracati garimpeiro pit where grab samples ranged from 9.54 grams gold per tonne (gpt) in garimpeiro tailings to 162.74 gpt in the main vein. Four additional grab samples taken by Amerix geologists from the encasing gneissic rock were rich in sulfides and returned assays of 29.68, 4.31, 27.74, and 5.64 gpt. The mineralized zone has been consistently traced over a distance of 2.5 km along strike and is rich in sulfides and carbonates associated with quartz veins."
(2)The last two days have seen over 750,000 shares traded on the german exchange. Looks like our European friends are back.
https://www.bloomberg.com/apps/quote?ticker=njg:GR