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KAMINAK GOLD CORPORATION V.KAM

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties in Canada and the United States."


TSXV:KAM - Post by User

Post by phoenix_traderon May 13, 2016 7:27am
354 Views
Post# 24869149

Kaminak's strip ratio 5/1, VIT's 1.5/1

Kaminak's strip ratio 5/1, VIT's 1.5/1The strip ratio at Eagle is about 1.5/1, Coffee is over 5/1. That means more equipment, operators, diesel and maintenance. With the Olive/Shamrock ore included, VIT can operate over five years at +1.0 grades before it drops to higher than what Kinross is processing at Fort Knox today. The updated feasibility study prepared by the same firm that did Kaminak's will be revealing.................................... Read more at https://www.stockhouse.com/companies/bullboard/v.vit/victoria-gold-corp#34w31rBMsWlRSquG.99...................................... 2016 Olive-Shamrock Zone Assay Results Gold assays from the first 17 of an estimated 60 diamond drill holes from the 2016 program have been received to date. The assay results from the first 9 holes which included results of 38.1m at 2.1 g/t and 11.8m at 2.7 g/t gold were outlined in a News Release dated May 5, 2016. The assay results for the subsequent 8 holes received included definition drilling in Olive Main and step-out drilling along strike toward the Shamrock Zone and are summarized in the table below:
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