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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Post by diadon1945on Dec 16, 2010 11:11pm
322 Views
Post# 17860196

Total value of MOA?

Total value of MOA?With a large 2 drill program beginning at Valentine Lake in January MOA share price will rise as new drill results are released. But what about MOA's 3 other projects? I would expect to gets some drill results from Little River before Christmas. There will probably be some work done on Glover Island next year. And Bobby's Pond should not be forgotten. It is only 45 km from Teck Cominco's Duck Pond mine mill project.
Based on the latest NI  43-101 compliant mineral resource estimate was completed on the Bobby’s Pond deposit in July 2008, by Scott Wilson Roscoe Postle Associates.  The deposit contains:

  • an indicated resource of 1,095,000 tonnes of 0.86% Cu, 4.61% Zn, 0.44% Pb, 16.6 g/t Ag, and 0.2 g/t Au; and, 

  • an inferred resource of 1,177,000 tonnes of 0.95% Cu, 3.75% Zn, 0.27% Pb, 10.95 g/t Ag and 0.06 g/t Au 

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