RE: MOZ halted for equity financingWow 40,000 metres...this is going to get fun...I also noted from the Prospectus this"
"The planned 40,000 meter 2012 drilling program will begin with drilling in the southwestern portion of the deposit; in the area of the “Heart of Gold” high-grade lens and the newly discovered hanging wall zone. The 2011 drilling intersected intervals of up to 13.95 g/t Au over 26.1 m (true thickness) including 37.01 g/t Au over 4.5 m (true thickness) in VL-11-352 located in the “Heart of Gold” high grade zone which is currently open both along strike and down dip. The near surface mineralization in the new hanging wall zone returned intervals of up to 0.92 g/t Au over 24.0 m (true thickness) and 0.90 g/t Au over 14 m (true thickness) in VL-11-332 as well as 1.31 g/t Au over 8.0 m (true thickness) in VL-11-334. This hanging wall zone is currently open in all directions. Drilling will continue throughout 2012 with the focus on continued expansion of the hanging wall and down-dip mineralization of the Leprechaun Gold Deposit as well as a program of step out exploration drilling at the Sprite and newly discovered J. Frank zones. These exploration zones are located up to 1.5km along strike to the northeast and southwest
of the Leprechaun Gold Deposit."
So they are going to begin by deep drilling the "Heart of Gold" and new hanging wall structures....this will almost certainly add hundres of thousands of OZ....and likely at the same time other drills will be working on Sprite and J.Frank....I am guessing that 2012 will see the V'lake property showing 2 to 3MM OZ and the potential for more will still wide open over another 30km's of strike......Good...Goood ....Good...
C.Gert