OTCPK:FRSAF - Post by User
Post by
tentongoldon Jul 07, 2011 11:21am
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Post# 18806236
New and shallow high grade gold
New and shallow high grade gold
Latest stepouts comparable to 5gt over 150 meters minus the bulk waste tonnage only a few meters deep keeps Fire River Gold ahead of the pack in high grade gold expansion growing their resource base with consistency.
Uncertainty as to the extent of the size of the resource at Nixon Fork is all that has kept the share price at dismal low levels in these slow times for gold juniors.
Stepouts like these greatly enhance the resource size potential
Grades like these greatly enhance the resource size potential
Already, the deposit at Nixon fork at an avg grade of 9gt compares with much touted deposits elsewhere of 2.5 million ounces gold at 1gt averages, yet only more economical to mine at Nixon Fork and ever growing.
.....and so it goes,
....... the giant continues to slumber.