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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by coach247on Apr 24, 2007 12:58pm
596 Views
Post# 12665176

RE: EXM / YLL JV News

RE: EXM / YLL JV NewsThis is the kind of work that will pay off for us later when they get the drill mobilized to the property. Instead of just punching drill cores anywhere they find some surface mineralization and just hoping for the best, they are taking the time to get a full understanding of the geological structure, so that when they do start drilling they will have a much better outlook to be successful. The thing that is worth noting is the shear number of mineral occurrences that are already outlined. Put that into context on a district scale, and it should be obvious that there is a hell of a lot of gold and silver emplaced within mineralized corridor stretching across Urique. This fieldwork is demonstrating that the same structural trends that have yielded big deposits nearby also extend onto the JV property holdings, and could have also created a large resource for EXM/YLL to discover. Craig Gibson has been active in this area longer than just about anyone else, and it is good to know that he is involved with the exploration work. He knows what to look for. This story is just going to keep getting better, and it is still just one of many great projects on the go. cheers! COACH247
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