RE:RE:RE:heck of a hole!I suspect that you haven't been following Minaurum's ongoing drill program on the Alamos silver project. The drilling program was designed to prove up a theory by Dr. Peter Megaw that there is a Piano-Key structure to the property, which briefly stated would be that there are parallel veins to the historically mined veins that produced 200 million ounces of silver. So, these zones were never as exposed at the surface as the main vein, which was 15-20 meter wide at surface. The Piano-Key zones had little visible silver on surface and no one ever drilled them to see if there was more silver at depth. That's the beauty of having a great geologist, Dr. Megaw, and modern exploration techniques that the previous miners did not have access to.
This is not the first hole with good results from Alamos. Here are some results that have been previously been reported--note that this is something I posted on CEO .CA a while back:
Finally, we have holes AL17-004 and -005, which were drilled into the Promontorio vein structure. These discovered a new mineralized structure that returned highlights of:
- 20.15 m of 154 g/t Ag, 0.5% Cu, 2.3% Pb, 6.8% Zn; or 694 g/t Ag Equivalent ("AgEq")* in Hole AL17-004.
- 3.15 m of 322 g/t Ag, 0.47% Cu, 1.65% Pb, 3.29% Zn; or 521 g/t AgEq* in Hole AL17-005.
This particular hole with it's good find of 8.25 meters at 1760g/t was drilled to test another suspected vein zone away from a previously know vein--it wasn't pure luck, in other words. IMO, you will see more veins similar found in the coming months.