TSX:SGR.UN - Post by User
Comment by
colbobon Nov 27, 2012 12:20am
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Post# 20647073
RE: ABOUT HALF A OZ PER TON , OH YA !
RE: ABOUT HALF A OZ PER TON , OH YA ! I recall that about five or six years ago there was a news release for holes drilled deep in the mine( below 5000 ft) that had hit an area of high grade that was very different from theSan Antonio Unit that had been the historic source of ore. Shortly afterwards I was at a resources show in Vancouver and discussed this with Dale Ginn and he said that they were wondering whether that type of mineralization might be found nearer to the surface. I believe that was why they started the drilling that lead to the discovery of the hinge. These latest results indicate that the shoreline structure does in fact extend all the way down to the bottom of the existing mine infrastructure and hence can be exploited for a modest development cost. I hope so anyway.