Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

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Comment by Rockyswedenon Dec 02, 2011 3:24am

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Post# 19285788

RE: RE: Blairworks

Como1, no they didn´t say that they found higher grade rock in the cores, right? They said that they found friday-like material in SD1-3 and higher grade quartz at surface (in a vein at surface). They also hope that the sulphide portion of the veins contains gold since several of the veins oxide portion already has been mined.

Enjoy your posts, i also can´t understand why they haven´t drilled monday yet. Nice exploration holes there drilled from east to west and the mineralization is deep down. Would be very interesting to drill vertically from surface at these locations to see the width of those mineralizations.

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