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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Comment by behindblueeyeson Sep 07, 2011 5:50pm
280 Views
Post# 19019827

RE: When is the dump?

RE: When is the dump?
Dump  will come in two or three weeks and the pop will come in about 2 months. IMO

Next week the gold price should go higher. This stock will go to a dollar as that is less than my estimated value. 

Question?????  Where did this high grade gold come from?

Answer ===== Down dip from the underground deposits of course. They haven't drilled into that yet. It will likely be a very high grade sulphur type deposit.

Started buying this stock only a month ago and not an expert, just like the story.

This was posted by you earlier this week
you say you are no expert but you make quite a technical statement (see the bold sentence)
 if you would have done a little research you would have known there is absolutely no sulphur mineralization anywhere at the Copperstone site nor anywhere in the area see the excerpt i have posted from the 

Geologic Report for the Copperstone Gold Property

you can find the whole thing on the BZA website if you would like to get properly informed



"Dump  will come in two or three weeks and the pop will come in about 2 months. IMO

Next week the gold price should go higher. This stock will go to a dollar as that is less than my estimated value. 

Question?????  Where did this high grade gold come from?

Answer ===== Down dip from the underground deposits of course. They haven't drilled into that yet. It will likely be a very high grade sulphur type deposit.

Started buying this stock only a month ago and not an expert, just like the story."

8.6 Other Elements

Production records for the Copperstone Mine indicate a relatively high gold-to-silver ratio. Historically,

the silver content in the recovered doré averaged about 3.0%, relative to gold (Ackermann, 1998). Trace

element analyses by ICP during the 1998 drilling by Asia indicated minor amounts (not of economic

interest) of silver at Copperstone. No significant quantities of arsenic, antimony, mercury or other

deleterious elements were noted, perhaps due to the lack of sulfide minerals. No significant carbon

minerals were observed at Copperstone. The gold mineralization on the property often has high levels of

Fe and Mn due to the common association with massive or semi massive Fe-oxide and Mn-oxides. Ba

was commonly enriched in areas of gold mineralization in the pit due to the local presence of barite.

Elevated barium trace element values also occur in the C-Zone and D-Zone.


 

Geologic Report for the Copperstone Gold Property

American Bonanza Gold Mining Corporation Page 28

Mine Development Associates \\Charlie\projects\Copperstone\reports\Final_Report.doc

October 26, 2000 Cindy Walker10/26/00 10:49 AM

8.0 MINERALIZATION

8.1 Mineralized zones

RYO identified four mineralized zones below the elevation of the base of the pit, including the C- and

D-Zones (refer back to Figure 5.2). All of these zones were interpreted as occurring along the

Copperstone Fault (Royal Oak, 1998). More detailed geological study by Asia Minerals in C- and DZones

largely confirms this interpretation. Significant mineralization at the down dip fringe of the Royal

Oak C-Zone has been reclassified as the Hanging Wall Zone. However, it is possible that the

Copperstone Fault, or a splay off the fault, penetrates the quartz latite and controls this mineralization.

Two D-Zone intervals in the extreme NW end of the open pit have been re-interpreted as a conjugate

west-dipping structure (McCartney, 1999).

Additional mineralization occurs along NW trending amethyst-quartz-specular hematite veins cutting the

quartz latite in the open pit area. These structures locally contain encapsulated native gold. The

mineralization may be partly controlled by the NW fault set mentioned above.

8.2 Alteration

In general, alteration consists of fracture/open space fillings and replacements of hematite along with

silica, chrysocolla, malachite, calcite, siderite, manganese oxides, adularia, sericite, and magnetite.

Barite and fluorite are more abundant in the SE end of the pit, and a zonation of gangue minerals is

suggested. Alteration varies with host rock type as described below.

The oldest Miocene basalt flows are cut by mineralized amethyst-quartz-specularite veins to the SW of

the pit.

Hematization is well developed in the monolithic sedimentary breccia unit, as are quartz and specularite

veins and open space fillings. Significant gold mineralization often occurs in this unit where it forms the

hanging wall of the Copperstone fault.

The quartz latite porphyry contains brecciated and mineralized intervals about 15 meters thick where cut

by the Copperstone Fault in the central and southern parts of the pit. Sericite-silica alteration occurs as

bleached zones in the quartz latite.

In the D-Zone, the carbonate metasedimentary unit contains intervals of massive specular hematite +/-

manganese oxide and chrysocolla. Nodular replacement textures consisting of specularite clots in

carbonate are common. The nodular replacements are transitional to the semi-massive and massive Feoxide

zones. Where the carbonate is brecciated, banded open space fillings of quartz-specularite occur.

Open space fillings of fluorite, barite, siderite and calcite have also been observed (Salem, 1993). The

mineralization and brecciation observed in the unit is related to the Copperstone Fault, which is inferred

on the basis of gouge and micro-breccia textures often observed in the sediments or the overlying

volcanics within a few feet of the contact.

The quartzite metasedimentary unit is characterized by vein and stockwork stringer mineralization,

rather than by the massive replacement and open space fill type typical of the carbonate unit.


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