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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Post by production05on May 13, 2011 12:55pm
419 Views
Post# 18573046

Found info on Gougre (while we wait, again!)

Found info on Gougre (while we wait, again!)(for anyone interested in this type of info)

I found some interesting info on Gougre.

HRG has Gougre at 225,000 (43-101) ounces, but I think its potential could be more like Bouly type potential (2,000,000 ounces).

Gougre is about 10 km from Bissa.

HRG drilled 9 holes into the Gougre main zone in 2007. The results were excellent. Here are the highlights

DD hole # Grade Length
---------- -------- ---------
GGGC07-006 4.76 g/t 13 metres
GGGC07-008 3.83 g/t 9 metres
1.37 g/t 40 metres
GGGC07-011 2.85 g/t 13 metres
GGGC07-003 2.42 g/t 17 metres
GGGC07-012 2.17 g/t 23 metres
GGGC07-009 1.93 g/t 12 metres
GGGC07-014 1.47 g/t 18 metres

True width is expected to be 90%.

This initial drilling demonstrated a strike length of 300m, and still open both along strike and at depth.

My guess is that the initial 225,000 resource calculation was based on these initial 9 holes in the Main zone.

HRG then performed additional IP tests, which were very positive. There is strong evidence that the mineralized strike zone actually extends for at 1,200m.

Similar subparallel geophysical anomalies were also identified to the northeast that may also indicate new zones of mineralization.

``These maps show that the resistivity and chargeability anomalies, coincident with the 300 metre Gougre Main Zone, extend a further 600 metres southeast, and 300 metres northwest. This suggests that the Gougre Main Zone mineralization may have a total strike length of at least 1,200 metres. Also, similar parallel anomalies to the northeast were also identified, that may indicate new zones of mineralization. Gold mineralization within the Gougre Main Zone is associated with fine grained disseminated pyrite and silicification, an alteration assemblage which is readily identifiable by IP survey techniques.``

Here is the July 3, 2007 NR:

https://cnrp.marketwire.com/client/high_river_gold/release.jsp?actionFor=748210&releaseSeq=20&year=2007

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