Back HomeWell that was one heck of a summer.
12 weeks is a very long vacation. A lady friend of mine says I don't take vacations I take sabbaticals. After 12 weeks of vacation...home seems like a very nice place to be.
One bit of news as an update. I did not make it into Canada. As I was getting ready to go over the boarder, the friend I was going to stay with was served with court papers over custody and visitation issues with his kids. He had to leave for the states in short order and that left me with no place to stay and a hole in my plans.
So I detoured down the coast.
So I did not get to meet with our friends at the company. I was very much looking forward to meeting them.
I will say that the recent news was very good once again. But I think the section below is the reason the market was muted in it's response.
Diamond drill hole SP11-068 was collared on the southwest shore of
Portage Bay on the +600m section and drilled at 040 degrees true north
with an inclination of -60 degrees. It was designed to test deeper parts
of the Portage Zone prior to the recognition that the zone is dipping
northeast. Like other holes drilled from the southwest shore of the bay,
SP11-068 appears to have drilled sub-parallel to the margin of the
Portage Zone rather than across it. Nonetheless, this hole encountered
multiple intervals of mineralization. The deepest interval, at a down-
hole depth of 823-830 meters (see table below), is typical Portage style
mineralization and suggests this type of mineralization persists to
these depths, over 700 meters vertically below surface.
If I am not mistaken this is the second deep hole that has hit the edgesof the deposit. If that is correct, we will have to wait a few weeksfor one that squarely hits the deposit....that's OK it will happen andthe price will react accordingly.
That's all for now....lots more to come as the fall unfolds.
Now I have to unpack and clean my house.....
PS The care was a dream to drive...and the roads are really bad in Idaho.