RE: RE: HOUSE CLEANINGThere is so much misinformation and negative assumption in Radar's post, I could write pages. Trying to convince him of anything is a waste of time.
Instead of bothering to explain why his negative assumptions are not supported by the facts, I will just mention something nice and concrete. Something that shows Radar to be either a blatant liar or just not very good at reading a diagram or even numbers. Something that any of you can ascertain for yourselves with a serious trip to GWR's website to look at the assay data and location maps.
They do not show what Radar says.
The historical drilling on the North Zone of the Spout Lake Skarn was a relatively few holes and they produced a resource estimate back then, before there were any 43-101 National Instrument rules governing how to do the calculations. Historical holes can't be used for modern 43-101 compliant resource estimates, so the same ground that produced the 600,000 tonnes resource was redrilled in a grid pattern. The drilling was extended way beyond where it was before, to more of the North Zone and to the as yet undrilled South Zone. About 140+ holes were drilled and assayed from the 2 zones.
They were not just drilling where the original holes from as far back as the 1970s went. They extended the pay area substantially.
The average retail value of the minerals in the payzone in the holes that were within the boundary of the magnetic skarn averaged about $100 per tonne.
This is quite good.
And the payzone started at ground level in outcroppings in many places, so this would be very easy to mine with an open pit.
What's more, the geophysics provided indicators that make it very easy to find the valuable ore, since it is in a matrix of highly magnetic magnetite. Magnetite is itself worth over $150/tonne. It is in high demand by companies like Teck, which imports it from Japan to top off the coal cars they send to Vancouver, filled with their met coal. In some of GWR's Scarn areas more than 50% of the rock is magnetite as the historical resource indicated. The magnetite percentage won't average out that high in the much larger area GWR is drilling, but the tonnage is going to be much higher and there is some gold, lots of silver and considerable copper in veins and disseminated through the magnetite. This is illustrated in a number of core picture you can see on the GWR website.
https://www.gwrresources.com/s/Home.asp
And there are 4 more undrilled highly magnetic zones on the Spout lake skarn and more than 5 times as much highly magnetic skarn not far away near Peach Lake.
So, while Radar has a corner on the bull, GWR has quite a few $billions of metal in the ground at current retail prices. People who take the time to look at the actual locations of the holes, look at the maps, and read the assays will know what to believe