GREY:SGGDF - Post by User
Post by
tentongoldon Jan 22, 2008 5:40pm
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Post# 14244979
THE PAINT LAKE PROPERTY
THE PAINT LAKE PROPERTYAND THE 9 CLAIMS THAT MAKE UP THE RECENT SAGE ACQUISITION FROM PROSPECTORS RUN ACROSS THE PAINT LAKE FAULT EAST TO WEST AND HAVE HAD PAST GOOD GOLD SHOWINGS.
TWP ROAD 801 INTERSECTS WITH THE PAINT LAKE FAULT AT THE FAR EAST OF THE CLAIM BLOCK IN WALTERS TOWNSHIP, THESE 9 CLAIMS SPREAD OUT TO THE WEST AND MAKE CONTACT WITH THE ONTEX FOXEAR ZONE BESIDE THE MILLION OUNCE GOLD BROOKBANK DEPOSIT CROSSING THE LINE INTO IRWIN TOWNSHIP.
TO THE SOUTH AND SOUTH WEST OF THE KODIAK HERCULES ZONE, KODIAK ALONG WITH ONTEX ALSO PUT IN THEIR BIDS FOR THESE 9 CLAIMS AS THEY ARE DEAD ON STRIKE WITH THE BROOKBANK DEPOSIT.
SAGE WON THE BID.
THE ZONE BORDERING ON THE NEW SAGE PAINT LAKE PROPERTY TO THE WEST IS THE ONTEX ONT FOXEAR ZONE THAT IS SCHEDULED TO BEGIN AS PART OF AN 18000 METER DRILL PROGRAM TO THE EAST AND WEST OF THE ONTEX BROOKBANK DEPOSIT TO FURTHER PROVE UP THE CONTINUATION OF THE BROOKBANK GOLD AND ADD ON TO THEIR NI-43-101 COMPLIANT RESOURCE.
ONTEX IS AND WILL CONTINUALLY BE IN A MORE AND MORE FAVORABLE POSITION FOR A BUY OUT AS THE DRILLING AND THE YEAR PROGRESSES.
SAGE DIRECTLY IN LINE AND NEXT DOOR CAN ONLY BENEFIT FROM THIS.
KODIAK AND ONTEX BOTH WANTED THE NEXT DOOR SAGE PAINT LAKE ACQUISITION. CAN ANYONE GUESS WHY.
FOR A LOOK AT WHERE THE PAINT LAKE ZONE IS, SCROLL DOWN TO PAGE 30 OF THE BROOKBANK TECHNICAL REPORT (PAGE NUMBERS ARE AT THE BOTTOM RIGHT SIDE OF EACH PAGE) DIRECTLY TO THE EAST (OR RIGHT ON THE MAP) OF THE ONT FOXEAR ZONE, IS THE WHERE THE PAINT LAKE PROPERTY IS ALONG THE PAINT LAKE FAULT.
DON'T FORGET TO PICK UP SOME ONT. IT'S DAMN CHEAP AND THEIR WORK ISN'T CUT OUT FOR THEM WITH THE INDICATED NI-43-101 COMPLIANT RESOURCE THEY ALREADY HAVE AND WITH THEIR MAJOR INTERCONNECTED LAND HOLDINGS READY TO BE DRILLED, AT LEAST NOT AS MUCH WORK YET TO BE DONE AS SGX AND KXL WHO NEED TO STILL PROVE UP AN NI-43-101 COMPLIANT AND VIABLY MINEABLE RESOURCE.
FOLLOW THE LEADERS, DO WE REALLY KNOW WHO THE REAL LEADERS ARE YET.
HMMMMMMMM?
https://www.ontexresources.com/documents/Brookbank-Technical-Report-28April06.pdf
Brookbank-Technical-Report-28April06.pdf (application/pdf Object)