1 km SW of Alexandria`s Triangle Too - thoughtsFirstly, a couple of other notes. Gundy started up an insider filling account on SEDI in early February. His opening balance shows him as owning 700,000 Alexandria common shares. In addition, it shows that he was the one that received the 1 million Alexandria options in late March.
In addition, SEDI shows that Eric Owens purchased another 193,000 Alexandria common shares on the open market at the end of March ($.06 and $.065).
With regards to the subject of this post, I originally posted a little about this late last year.
Take a look at the map on pg 10 of Alexandria`s Corp Presentation. You will notice 3 targets on the far left side. Focus on the middle (little one). Alexandria drilled a test hole in 2007 that (I believe) was just on the outskirts of this target - drill hole AAX-07-17. I believe this drill hole was only about 50 - 100m southeast of this new Alexandria (geophysical) target.
AAX-07-17 showed 6 anomalous (separate) gold showings. I believe (there is a chance) that
these could be 6 (subparallel) quartz veins that have faded (and started to die) outside of the main mineralized body (just outside of the geophysical body Alexandria will eventually be testing).
They are just anomalous gold showings, but I am calling them veins for the purpose of the profile below:
Highlights include showings of 2.14 g/t gold over 2.80m or 9.35 g/t gold over .70m, both within a wider intersection of .83 g/t gold over 8.15m.
Vein 1 - 9.35 g/t Au over .70m (within .83 g/t Au over 8.15m), starting at 47.15m of drill hole
Vein 2 - 0.62 g/t Au over 2.00m, starting at 67.0m
Vein 3 - 0.51 g/t Au over 13.5m, starting at 130m
Vein 4 - 0.86 g/t Au over 2.10m, starting at 141.4m
Vein 5 - 0.29 g/t Au over 2.40m, starting at 162.1m
Vein 6 - 1.06 g/t Au over 2.80m, starting at 169.0m
As noted, this drill hole area is not the real (future) target. This drill hole appears to be just on the outskirts of the actual geophysical showing. However, this drill hole could be acting as a pathfinder to a better mineralized gold bearing body, especially if these anamolous showings are 6 veins which originated from the geophysical body Alexandria will be targeting in the future.
Furthermore:
``gold intersections in deformed pyrite-, pyrrhotite- and arsenopyrite-bearing quartz-sericite-biotite schist similar to that at Orenada, with quartz-ankerite veins``
The structures in this area appears to be very similar to the Orenada area - especially Orenada 2.
If this area is mineralized, being only 1 km southwest of Triangle Too, perhaps it bodes well as we get closer to Triangle Too.
Also, if this geophysical anamoly is well mineralized then it likely bodes well for the other 11 yet to be drilled geophysical anamolies in the area (plus the 2 Triangle Too targets being focused on right now).
Here is the 2007 map with the exact location of drill hole 17 (I`ve posted this one many times before):
https://www.ccnmatthews.com/docs/azx0719.pdf
Here is the March Corp Presentation:
https://www.azx.ca/wp-content/uploads/2017/03/Alexandria-10846-Presentation-Mar3_5.pdf