OTCPK:MEAOD - Post by User
Comment by
mstettleron Oct 31, 2016 4:07pm
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Post# 25407499
RE:RE:RE:RE:Very nice drill results indeed...
RE:RE:RE:RE:Very nice drill results indeed...fruitvale3067 wrote: Mstettler, I concur. Yes they are nice grades. However as you said they are 350 meters deep and the true width is not known. I love the map they included, with a star as to the location, not what's happening underground. I find it interesting that Bob has been harping on Osiskos Windfall property being 3 to 5 years away from mining. This discovery falls into that exact same category except with MTO it's going to be much longer than that, if ever. The other issue is it will not be part of any 43-101, much like Moroy. Yea I guess you could say they are adding ounces, the problem is can anyone tell me when they expect this discovery to be mined? MTO had to find some big grades because it needs to divert attention away from its dismal operating performance. They have temporally succeeded. Unfortunately another quarterly report is just around the corner. For now longs can enjoy this discovery.
Have a look at this map. Hole 652 was a hit from about 209m - 1.5m at 12.7 g/t. The other holes 657, 659, and 661 returned nothing which rarely happens on the windfall property. These holes are slightly n-nw of the shear that windfall and the mto hole released today sit on.
I can't find the 2010 eagle hill holes that sit between todays release and the main windfall zone. I would want to compare to these.
So while the news release is encouraging I still advise caution. https://www.osiskomining.com/_resources/maps/20160530_Press_Release_explo_with_results_grid_fixed_1.pdf
https://www.osiskomining.com/_resources/pdf/Website-Drill-assays-results-20160919.pdf