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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by ThunderStockon Feb 24, 2014 2:06pm
84 Views
Post# 22243793

RE:news

RE:news
Becarefull, do not believe they drilled 206 meters without finding anything. If that was the case, they would have scored from 0 to 206 meters with nothing in the core, no gold or copper content = 0 g / t. Au. 0% Cu. 
But here, the hole starts on a pad at 206 meters and go down to 883 level meters. 
 
This means that the total resources EGX will grow in the next 43-101. And the biggest content of gold and copper is more than 1g/tonne 298 meters from the highest point they took to their grid and 3D modeling of the body. 
I feel that this gold belt stretches far, but also very deep. We will say to China ;-)
 
It is very promising to me. We'll see in March with the PEA will gather all the data and we will deliver a beautiful project on a tray.
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