Interesting Gold Story DevelopingAt first pass, I really didn't think much of the release; however, once I had a chance to re-read the NR I started to understanding the material nature of it.
Of significance is PB2
"Rock samples with sulfides from a reverse circulation drill hole targeting kimberlite yielded 1.4 g/T and 1.0 g/T gold over 2 separate 1.5 metre intervals. Ten additional 1.5 metre samples from the drill hole have been submitted for assay. All samples contain sulfide minerals.
A small gold in till anomaly occurs down-ice of the drill hole, however, a much larger gold in till anomaly occurs 2 kilometres up-ice. Based on the glacial ice flow direction and the location of the drill hole in relation to the main till anomaly, much more gold mineralization is expected immediately up-ice of PB2."
To interpret: an RC drill hole intersect 3 meters (2 x 1.5m) of 1.2 g/T gold and there is another possible 15 meter interval (10 x 1.5m) of possible mineralization. Okay, this is good...but wait...there seems to be a richer grading zone, just up ice!
They maybe onto something special here, time will tell whether this is the case.
Pekim