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Carlisle Goldfields Limited T.CGJ



TSX:CGJ - Post by User

Post by hrattleon Feb 07, 2012 8:36am
463 Views
Post# 19498630

The Gold Report article

The Gold Report article

https://www.theaureport.com/pub/na/12493

TGR: What undervalued junior or midtier producers could rebound in 2012?

BK:Carlisle Goldfields Ltd. (CGJ:CNSX) at Lynn Lake, Manitoba. It's an old copper-nickel producing area, but it has had a very aggressive drilling program. I am waiting for an updated NI 43-101 to come out, which could show an expanded resource base.

TGR: Carlisle has the historic MacLellan mine. What stood out when you visited that project?


BK: It's in Precambrian greenstone in a shear zone, in a known mineralized district. The greenstone and the shearing outcrop at the surface. Carlisle has great land position in terms of following the strike. It has a very aggressive drilling program, and while results aren't out officially, from what I can gather from my own examination of the cores, there is a very nice consistency of mineralization all along the strike. I think that when Carlisle gets done with its analysis we're going to see a very nice resource number at very respectable, mineable grades.

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