SAWe are early folks, an important point to note is that one can never time the market. It is better to be on the train, then to be left waiting on the tracks.
SA will have its day in the sun. Indonesia is a great place to do business and the people are wonderful! These are times when one has to hunker down and happily buy more. There is nothing wrong with the story. In fact I believe it is similar to SNN.TO.
Southern Arc Minerals Inc. (TSX VENTURE:SA) is pleased to announce that drill hole SLD007, located at the Blongas I porphyry Cu-Au target has returned a mineralized intersection of:-
245.1 m @ 0.18% Cu and 0.22 g/t Au from 175.5 to 420.6 m
This intersection included the following higher grade intervals:-
(32.9 m @ 0.22% Cu and 0.36 g/t Au from 177.5 to 210.4 m)
and (63.05 m @ 0.26% Cu and 0.26 g/t Au from 348.75 to 411.8 m)
San Anton Resource Corporation (SNN:TSX) is pleased to announce initial results from the first 10 expansion reverse circulation (“RC”) holes drilled around the Cerro del Gallo deposit. Results included 154m grading 0.49g/t gold, 29g/t silver and 0.16% copper (1.34g/tAuEq) in hole SA-259, 52m grading 0.21g/t gold, 42g/t silver and 0.27% copper (1.54g/t AuEq) in hole SA-260, and 87m grading 0.24g/t gold, 18g/t silver and 0.23% copper (1.06g/t AuEq) in hole SA-275. In addition, 12 infill RC holes were drilled within the Cerro del Gallo deposit and a number of intersections were better than predicted by the resource model including 184m grading 0.08g/t gold, 18g/t silver and 0.32% copper in hole SA-264, and 187m grading 0.07g/t gold, 24g/t silver and 0.28% copper in hole SA-265. These holes are all open at depth.
These mineralized zones are massive and are all open laterally and at depth. Both companies in position to reap the reward of high metal prices.
Lets all take and afternoon to ride the surf in Indonesia and enjoy the country and people.
Bahtbuilder