Proven to be 100% wrong
SUBJECT: RE: Incorrect info in latest press release? Posted By: Oldmannorth
Post Time: 8/25/2006 07:32
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I think you're right with respect to the errors in the report. However, this doesn't rule them out on potential to be connected to the ARU find.
ARU's press release indicates their main find runs North and South for several kilometers in a fault bound corridor. This could very well run into PLE's land to the North.
Also, even more importantly, their geologist also recommends they continue searching West in order to find where the fault was cut off as quoted from their press release:
"Along the western edge of the mineralized corridor, drilling to date suggests that the mineralization has been truncated and offset by a post-mineralization fault. However, the report goes on to postulate that "The proportion of the mineralized zone that has been truncated (to the west) is unknown..." and recommends that "...an effort be made to locate the faulted-off portion of the Fruta del Norte mineralized corridor because of the possibility that it could appreciably expand the tonnage of high-grade gold mineralization.""
This has a high potential to run into PLE's land.
IMHO
Old