GREY:MPRXF - Post by User
Post by
threepalmson Jul 17, 2011 9:49am
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Post# 18839904
Headway odds
Headway oddsGeology of the area is well understood after mining this zone for many years.
The repeating Z pattern of veining dips SW at about 70 degrees and we have already confirmed the chemical halo on the Headway.
If the envelope (halo) is there the odds are that the ore body within that envelope is also present.
At this point evidence strongly suggest that it is just a matter of days or weeks before we confirm the continuation of the HGZ and we can extrapolate the number of ozs based on any grades intersected and the size of the property.
Yes that would simply be a ballpark estimate but the planned sister holes this fall will firm up the potential size of the possible deposit significantly.
I bet you that Goldcorp geologists are visiting the drill site on a regular basis these last few weeks.
The cat and mouse game that Goldcorp has played with this property the last ten years is over.
We are down to serious business and you can bet your life that an offer will be made for this property within the next 6 to 8 months if the continuation is confirmed.