GREY:ESOFD - Post by User
Post by
Solveron Nov 06, 2013 8:58am
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Post# 21880287
New discovery zone!
New discovery zone!This new "discovery zone" is perhaps the beginning of the real potential of the PLS project!
At this time the boulder field source has yet to be found or at least to be identified, and the "new zone" nicely lines up with the boulder field(s) previously found.
Below are excerpts from Ben's news release that particularly were of interest to me. Quote:
"“This anomaly lies along an east-northeast trend, parallel and just north of the PL-3B EM conductor.”
“Alpha Minerals Inc. and its 50 per cent joint venture partner Fission Uranium Corp. have discovered a new uranium strike on land.”
“This discovery hole is considered a substantial achievement and a high priority for follow-up.”
Of the quotes above "north of the PL-3B EM conductor" may be the most important. "New is also very intriguing! That is separate from the previous finds......if it is new. Why substantial? Why high priority? Perhaps finally they are on course to find what they were seeking for in the first place?!
Up to now they have been drilling what they considered to be "bonus" or unexpected finds although Radon readings obviously changed..... unexpected ......to highly probable, but in the big picture they are still only bonus. I use the term 'only' loosely.
The question now to be answered is; are they honing in on one of the main ore bodies with the real lbs of U3O8 to be added to an already world class discovery as indicated by boulder field analysis (ICP and such)? Last news release seems to indicate something more exciting to come. For what it's worth, this was the area of greatest interest to me......from the get go....... and a few points further north and north west as well!
Also gold highlights are posted on AMW's web page, and althoght they are not bonanza grades, they are certainly respectable and add nice value to the overall finds to date. Very low Arsenic- big bonus in gold recovery and environment concerns!
Perhaps the "new corridor" will have somewhat different higher gold values as it appears to be more in line with the Cluff Lake discovery which had very high grades of gold, but that remains to be seen for now.
Just a few observations:
Solver