GOLD NEWS- New Wide High Grade ZoneThis program is quickly developing with some pretty serious finds. They seem to be really onto something big in the NE first with hole 246(reported 2 releases ago) making contact with a New Zone; then last time a couple weeks ago reporting that hole 250 hit it again giving them some idea as to it’s directions; and now this time they have been able to punch 3 holes into this Rich Wide High Grade Continuous Zone. This could quite possibly add 100,000 OZ's to the M & I resource category – and at today’s prices this adds about $140,000,000 to the deposit’s value!! Not bad from the first 5,000m of the planned 25,000m 2011 program.
In order to really get an idea of what is going on you have to view this picture on the very informative Map that MOA has linked on their web site. If you pull up their News Release:
https://www.mountain-lake.org/2011_MOA_News/MOA_NR_03-29-11_VL-ResultsV.pdf
- and then if you click on the " Figure LP" link you can start to get an understanding of what is going on here....they are also saying in today’s NR that this area is still remains Wide Open “along strike and at depth”...so lots more to come as the hunt continues…. Still 20,000 metres still left to go!!....C.Gert