re-post on J.FrankThe following is something I put up on MOZ'z BB in reply to a couple posters who think hitting gold just happens from sitting a drill beside a little outcropping>>>>...you drive down the road...see some yellow sparkles...become rich.>>> ...doesn't quite happen that way.
In any event here is what I said(and think) to some MOZ'ers, ....:
*****************************************************************************
Was waiting for someone to speak out on the J.F. drilling, but seems followers are just that; Followers. So I will start the ball rolling. The JF zone is a new discovery 1.5kms SW of LPond. I guess this part is known by most all reading this or MOA's BB. Also I guess that most know that the discovery was some outcroping that had some trenching done close by so as to get some good rock and pick samples....and I expect those with some short term memory will recall the very high grade samples that were sent to the lab going as high as 500gpt plus....All Ok so far?
Well let's continue the story-MOZ/MOA decided rather than end their planned 2011's 25,000m drilling program as planned at L.Pond they would punch 12 shallow holes at JF on "the way out the door" even though they had already collected all the planned data for their 43-101 LPond update. Well here is what has happened in realistic terms....They hit gold in 9 of 12 holes...this is exceptional for not having any idea exactly where to drill except by the outcropping. Out cropping is great to see but really gives almost no info where drilling should really be done...what direction?...how deep? how far to step out?....What high grade outcropping does do is say that somewhere there is a pretty good chance there is more of the same to be found...that's about it....So hitting gold in 9 of 12 should be considered exceptional all on its own. On top of this, a couple of holes returned really nice stuff...3-4gpt over several metres and all of it near surface. Add to this that they also hit wide zones of the proper geology to be containing gold and thus have now some very good data on whicj to plan an agressive 2012 program that was indicated in MOZ's $10MM short form Prospectus(note that they had no trouble closing this in short order)...the Prospectus indicated a 40,000m program is planned for the V.Lake property...There is no doubt JFrank is going to get a bunch of this. It appears to me that JF has a very good probability to become a second LPond and infact before its all over, it may happen that JF and LP will eventually connect to become one large open pit stretching up toy 2.5km contineous!...I could go on lots more, but anyone who thinks the first 12 holes in a new discovery are just majically going to hit the high grades and wide widths that has been seen coming out of LPond just do not understand exploration. LPond took quite a few trys to zero in on the deposit. The more drilling the more was learned and after a while the available data tells more and more where and what to expect....JFrank I believe will be a much quicker study that LPond and as such early in 2012 the big numbers hoped for could be delivered fast and furious....so...let's get those drill spinning again...C.Gert