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GOLDNEV RESOURCES INC V.GNZ



TSXV:GNZ - Post by User

Bullboard Posts
Post by lookin4deals4meon May 14, 2008 11:34am
400 Views
Post# 15072283

News!! Coal is Pasquia Hills!

News!! Coal is Pasquia Hills!

From Todays press release from North American Gem (NAG)

Looks like GNZ should have some significant coal sitting on their huge property too!

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Goldsource made a significant coal discovery also while drilling forkimberlites in a low lying basin south east of the adjacent uplands atPasquia Hills to the south east of the Narrow Hills intercept. Theoccurrence at Pasquia is roughly 80-100 km south east of the NarrowHills and both have similar topographical features and are in the sameCretaceous rock sequence.

The Bow River coal outcrop occurs roughly 80-100kmnorth west following the same topographic uplands leading edge which ispatterned to the Canadian Shield boundaries lying north west to southeast as both the Narrow Hills and Pasquia Hills are suggesting that thecoal occurrences at the Bow River to the north west Wapawekka Lake andNarrow Hills central and the Pasquia Hills south east are associatedwith the same geological structures that would allow coal to havedeveloped and remain intact through the glacial erosion. The regionaltopography clearly seen on the sedimentary basin coverage in centralSaskatchewan is suggestive of similar topographic features that arehighlands off set by adjacent low lands that were subject to highdegrees of erosion. The continuity of coal from the Bow River out cropin the north west and the major coal discovery at Pasquia Hills Placesthe Wapawekka and Narrow Hills occurrence in the central portion of theregional known coal occurrences and provides the opportunity to furtherexplore the region for additional deposits.

Bullboard Posts