I will say it again...outstanding!
The market will not be able to ignore this play for much longer!
In my opinion...if the share price does not move up significantly to better reflect the actual value of all the Brigus Gold Assets...the mining industry will attach fair value...we are most definitely a take-out target!
I did not wait for the the $1.05 break out...I loaded up at $.95 over the last two days.
The 147 Zone is turning out to be a most amazing find...the spectacular hits at a vertical depth of about 300 metres demonstrate the potential to expand resources to depth...Fantastic!
Let us take a look at what is going on:
GF12-626........3.40 g/t @ 67.20 metres........GF12-646.....13.97 g/t @ 35 metres.
November 28, 2012 release....GF12-561.....5.17 g/t @ 57.50 metres.
I included GF12-561 due to the fact that they are basically on the same headings within 25 metres of each other moving to the North.
Where was the mineralization found moving down hole?
GF12-561....300.50 m to 358.00 m
GF12-626....328.00 m to 357.40 m
GF12-646....343.00 m to 378.00 m
As one can clearly see the mineralized zone is significant and expanding to the North along trend & "dip".
The above findings are not a normal occurrence in the mining business...we will get noticed! The holes released are outside the latest NI 43-101 Resource Estimate...Wonderful!
New Zone:
We must realize that in Hole GF12-626, as they were chasing the mineralization to depth they discovered an entirely new zone...from 203.00 m to 272.20....67.20 m @ 3.40 g/t.
Upon further study I soon discovered that they found similar mineralization in the other two holes I mentioned...they more than likely are part of the same system...this will be determined with further infill drilling.
GF12-561....221.00 m to 224.00 m.....10.62 g/t @ 3.00 metres
GF12-646....201.40 m to 204.40 m......7.89 g/t @ 3.00 metres
Conclusion: The mineralization is expanding at depth @ amazing high-grade as they move North and to the East. They are "locked on" to the "dip"!
Digger144
P.S. I will add more...once $1.05 is breached.
13.97 g/t @ 35 metres...absolutely amazing!