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STLLR Gold Inc MEAUF


Primary Symbol: T.STLR Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of approximately 4.46 million ounces (Moz) contained gold and a total inferred resource of 8.29 Moz contained gold. The Tower Gold Project hosts nine gold deposits along a nine km long mineralized corridor. The Colomac Gold Project is an open-pit gold project in the Northwest Territories, Canada, 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions.


TSX:STLR - Post by User

Bullboard Posts
Post by Kapboyon Feb 07, 2013 11:14am
212 Views
Post# 20952262

I was just doing a bit....

I was just doing a bit....

of math in my head. When the Moneta announced that the company will engage in a 50,000 meter drilling program in 2013, here is what I came up with. 50,000M/400m=125 holes. (I chose 400M, as that has been the average lenth of there previous drill cores).

The landscape on the Moneta property will look like Swiss Cheese by the time drilling is completed. Given the large number of holes to be drilled, and the amount of time available, I would think that 2 or 3 drills will be used. Helps when you have $10 Million to help pay the bills! Mr. Aubertin will be focusing on the sweet spots.

Spring/summer will be interesting when the results start coming out. As Ian stated, we are undervalued. ME currently has a PEA with over 4 M/oz of gold. After the current campaign is over, this could be expanded to +10Million oz.

Comments

Kapboy

Bullboard Posts