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Cosigo Resources Ltd V.CSG.H

Alternate Symbol(s):  COSRF

Cosigo Resources Ltd. is a Canada-based junior exploration company. The principal business of the Company is the acquisition of interests in mineral applications and in mineral exploration licenses in Colombia and Brazil, South America. The Company is exploring for gold and lithium deposits. The Company has title to an area of approximately 10,000 hectares (ha) in the Taraira North, Vaupes Province of Colombia and has focused its efforts on an area referred to as the Machado Project. The Company also holds a 100% interest in the Willow Creek property, located in the northern sierras of Nevada near Winnemucca, a 100% interest in the Damian property in the Cordillera region of Colombia, and owns 13.26% of DHK Diamonds Inc., a company exploring for diamonds in the DO27 region of the NorthWest Territories of Canada. The Damian property is located in the Damian area, province of Cauca, Colombia.


TSXV:CSG.H - Post by User

Bullboard Posts
Comment by 3baron Jun 06, 2011 4:46pm
209 Views
Post# 18677509

RE: RE: MMI Question

RE: RE: MMI Questiondeserts sent Mark a copy of the Oct pdf when it came out and asked for his opinion . At the time his only comment was that he could not comment unless he was assured samples had been collected properly .

Emailed him again last week and  asked " can any thing be said about the predictive value of MMI results when they are say over 100 or is it country specific ? "

" Regardless of the country a response ratio greater than 100 should be considered as highly significant . This pre-supposes that the analysis is reproducible . A response ratio is calculated the same way wherever the survey is undertaken an a 100RR simply means 100 times background  . "

My take is that it is quite simple to drill once you have MMI RR  . An angled hole through the target will get a hit . This could eliminate exploration drilling but the cost is 38.50 / test .  To me it makes a lot of sense but some times being in the field things are different . Although in this case it highlights a lot high grade spots and leaves the promise there is some thing there before you even start . Can you imagine how long it would take to search out those targets with a drilling grid plan starting at the top ?

If you did not run out of $ first .

Bullboard Posts

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