GREY:SGGDF - Post by User
Post by
JerryFrancison May 05, 2010 12:49pm
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Post# 17065533
A current Sage Gold update that is relevant
A current Sage Gold update that is relevantGood afternoon fellow shareholders and interested parties.
I have been making some calls to Nevada as well as hunting around for some solid news elsewhere.
The Carlin-Rain and Midas Area along with the Walker Lane Gold Belt, Borealis District, have very interesting 'gold colored' [lol] pasts. There is a rich heritage there and Gyphon and Sage are presently working therat.
They are drilling at Borealis as we speak and have been for a while.
They will drill 5 holes at Freedom Flats for a total of 2000m.
Middle Ridges will have 8 holes for a total of 2400m
The Borealis Extention of the feeder pit will have 3 holes drilled for a total of 900m.
The average hole will be between 200 and 500m
Interesting to note, is that Redhawk Resourses, [RDK] a Canadian company, is our nearest neighbor [I believe that their property abuts ours] and they stated that they will be monitoring Gyphons progress. I do not know if it will be for geological trend purposes or for business reasons.
I heard that Timmins will start up in June or july.
The very best to those with the best of intentions,
Jerry Francis