Tamarack + Uncle Sam down the roadHigh grade is the key$
Sure if you had low grade operation you would need to turn 1000 ton a day but when your grades are in (oz per ton) that changes everything. For 3 cents I'll take all I can while other companies are still drilling MLM will be making cash.
There's GOLD in those mountains $$$ Ever think that just maybe with the cash coming in that they might expand?? I can see this little jewel turning some heads once the money starts to flow and they'll be able to sell at today's gold price!! They have the least expensive operation! Big margin $$ on production.
I'll be buying tomorrow!
The Tamarack Property its a former producing, high-grade gold operator in the Tobacco Root Mountains, Madison County, Montana consisting of six (6) patented claims and a further unpatented claim block tying all claims contiguous. The Tamarack Property is accessible year round, 4 miles from the town of Sheridan, on a well maintained gravel road.
UNCLE SAM SUMMARY
The Property is a high grade, former gold producer in the Tobacco Root Mountains, Madison County, Montana. The Property, accessible year round on a maintained gravel road, is situated ten (10) miles to the east of Sheridan, Montana and just 6 miles to the east of the Tamarack Gold Property (see PR Sept. 19, 2006). Detailed geophysical, geochemical and geological surveys have extended the previous workings to cover a gold/graphite bearing structure over 8,000 feet long. The investigation has indicated the presence of other lode gold occurrences associated with the known mineralized Uncle Sam Fault zone. All previous mining has come within or at the Uncle Sam Fault over a width of three (3) to ten (10) feet, adjacent to a competent hanging wall porphyry , that is part of a Fault zone about sixty (60) feet in true thickness.
In the past, (see PR Sept. 9, 1996) Millstream investigated, surveyed and sampled the Property underground workings and surface waste piles. The samples collected and tagged were sent for assaying at Assay Lab, Inc., West Jordan, Utah, USA, Norris Lab., Norris, Montana, USA and Swastika Laboratories, Swastika, Ontario, Canada. Samples taken from the hanging wall assayed at 36.2 grams (1.164oz) of gold and 82.7 grams (2.66 oz) of silver per ton. Vein material assayed at 16.04 grams (0.516 oz) of gold and 15.24 grams (0.49 oz) of silver per ton with minor lead and zinc values. The following chart of assays (see PR Aug. 15, 1997) was derived from samples taken from a combination of channels (cs), wall chips (wcs), and channel trenches in broken ore (cts):
Sample No. | Au(opt) | Ag(opt) | Sample Length(ft.) | Sample Type |
223259 | 1.212 | 5.7 | 17.0 | cts |
223260 | 1.740 | 2.43 | 17.0 | cts |
223261 | 0.013 | 0.09 | 15.0 | cts |
223262 | 0.051 | 0.10 | 29.0 | cts |
223263 | 0.793 | 1.22 | 40.0 | cts |
223264 | 0.345 | 0.59 | 40.0 | cts |
223265 | 0.420 | 0.48 | 11.0 | cts |
223266 | 0.836 | 0.75 | 10.0 | cs |
223267 | 0.414 | 0.64 | | wcs |
223268 | 0.074 | 0.15 | | wcs |
223269 | 0.054 | 0.22 | 30.0 | cs |
223270 | 1.141 | 1.67 | | wcs |
223271 | 0.062 | 0.11 | | wcs |
223272 | 0.114 | 0.34 | 15.0 | cs |
223273 | 0.031 | 0.35 | 25.0 | cs |
223274 | 0.714 | 1.09 | | wcs |
223275 | 0.308 | 0.54 | 15.0 | cs |
223276 | 0.184 | 0.67 | | wcs |
223277 | 0.559 | 0.26 | | wcs |