Alexandria Minerals Corp ALXDF

RE:Stockwatch News and Quotes

[goldhunter11]

Nelson,
I read the first part from the link below, after that subscription would be required.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:*MKTGOLD-2469911&symbol=*MKTGOLD&region=C

Stockwatch was talking about the same two holes, hole OAX-17-100 and 99, as detailed in the 10 May NR. Hole 99 was terminated because of technical difficulty, but the results for the top portion, down to 69m, are shown in Table 1 of the NR (decent grades, max 15.5gpt). Not "as promotable?" according to Stockwatch, but these grades near surface would add strength to the near surface results coming from hole 100 (much better grades than 100). When they dig up the pit, they would get good grades from the top part hole 99.

Note: Just an observation that for hole 100, they had a target depth of 300m but  stoped drilling when the drill hit barren volcanic rock (purple rock). It's a speculation that if they continued the drilling for another 100m, they would come out of the purple rock and hit the Cadillac Break again (the yellow rock) and to discover some more Au bearing veins at depth (as an example, just north of Orenada, Triangle drilling is at a much deeper level (~1000m) and the Sigma Mine was mined at 1800m. But deep drilling is costly...AZX need a few more $M.

Another way to exapand the potential resource is to angle the drill at around 65 deg (rather than 75 deg for hole 100, or use the same dip but move the drill around 75m to the north (as discussed in my previous post) in order to stay in the yellow rock (300m depth is fine for now).

The rest of the info is quite interesting, but I don't have access to. So, presumably you got it from your subscription? Thanks.
GH