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Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include


GREY:ALXDF - Post by User

Comment by goldhunter11on Feb 20, 2018 10:16am
100 Views
Post# 27586831

RE:Visualizing Where AZX is Drilling at Zone 4

RE:Visualizing Where AZX is Drilling at Zone 4NP,
This is good stuff. It getting to where I would do if I knew how to do it (bad student who did not want to learn).  First a couple of references
-Ref 1, 2009 Technical Report: https://www.azx.ca/ir/reports/43101orenada.pdf
- Ref 2, Oct 26, 2017, Addendum NR. Fig 1gives the top view of Zone 4 deposi with the Open Pit; Fig 2shows the x-section with the headframe (I had to draw in the pit by hand, since I want to see everything). So the 2009 deposit begins at the western edge of the Pit and end at above 120m east of the headframe.

A few observation/suggestions:
- Fading background: Suggest keeping the details, don`t fade them. Show Old Pit, headframe and all.
- Switch drilling direction: Yes, they did in recent drilling and found that they had more chance to hit deposit (in form of a sheet in a preferred direction. If you drill from the North you would probably miss them. I believe ICG also drill from the South at Triangle.
- Why did they start the hole so far south: Moving the drill south would allow them to reach deeper targets.
- The colour coding is very useful, compared to the information in number. So, we know where high grades are, by just looking at the picture. A picture=1000words, a colour picture = 10,000 words.
- You could do the same thing for the 2009 Resource Estimate using the same scale (to avoid the clutter). You could look at the pages side by side (print them out). Note that Figure 8 in Ref 2 has a similar plot for 2007-2008 results. They have more points than your, but they are all in pink (one colour is no good for visualization).
- The same thing could be done for gpt-m, if you want to factor in the effect of the intercepts.
- Question: Your plot for 2009 seems to contain only lower grades (max 1.5-2 gpt). This chart is not finished presmably.
Great work.
Cheers,
GH

NextPhase wrote: Hey all,

This is my first attempt at showing where Orenada's 2015-2017 drill program is taking place in relation to the original resource estimate in 2008 for Zone 4. It was a bit tricky to get the sample locations, but it should be close to the actual numbers. Once I lined up the background image with the actual coordinates, I was able to capture the location data with an analytics program that I use. Although faded, I kept the background picture in my chart, so you can see the underlying geology.

User image

Saying that, I'm not entirely 100% confident for the locations of the 2008 drill locations in relation to the picture. These holes were not shown from the 2017 news releases to give me a convenient reference point, but the actual coordinate data exists in the 2008 technical reports. I only make note of this, because my method in collecting the data was different... which *could* lead to slight inaccuracies in location. If you see something obviously wrong, then please let me know.

This is also not a comprehensive list of all holes drilled by Alexandria in Zone 4 in 2017, but just a data visualization to help show how the new drill program's approach is different from the original resource estimate. I have been looking at these drill numbers in charts and spreadsheets for so long that I really wanted to see it from a bigger picture perspective. Hopefully, others will also benefit from this approach.

The first thing that stood out to me was how much further south the start of these samples were drilled from. This actually makes sense if you look at the graphics attached to some of the drill results in 2017, because from those pictures, it appears AZX reversed the angle of the drilling. So, the trailing goes up, instead of down. If I'm describing this incorrectly, then please respond with more accurate information. :-)

Second, I think investors are underestimating how many drill samples are being collected for the new resource estimate compared to 2008. This dynamic is especially true for Zone 4, and I'm expecting a large portion of the resource increase to occur from the results in this area. In 2008, only 22 holes were drilled in Zone 4, where the best grading assays were only 1-1.5 g/t of gold and below 400m.

So, I am encouraged after reviewing many of the results from the recent drill program at Zone 4. I'm also more confident in the updated resource estimate after seeing how Alexandria is not only trying to redefine the current resource with a higher grade, but they are also trying to expand the resource area.

NP

Disclosure: I own AZX, I'm not a geologist, I do not work in the resource industry, do your own due dilligence, this is not financial advice.

I posted the location data below, for those of you that want to check my work. You may also notice that several of the drill locations below do not have results yet... maybe soon??? :-)

Hole Area Location Estrant Nordant Depth AZ Dip
OAX-07-01 Zone 4 Section 14300 W 214835.92 5324112.90 243 195 -52
OAX-07-02 Zone 4 Section 14300 W 214851.04 5324163.30 339 195 -63
OAX-07-03 Zone 2 Section 12600 W 215339.40 5323974.60 105 195 -51
OAX-07-04 Zone 2 Section 12600 W 215346.36 5324007.20 159.4 195 -51
OAX-07-05 Zone 4 Section 14300 W 214861.75 5324199.20 381 195 -65
OAX-07-06 Zone 4 Section 14300 W 214874.35 5324238.80 432 195 -68
OAX-07-07 Zone 4 Stopped 214874.35 5324238.80 147 195 -73
OAX-07-08 Zone 2 Section 12200 W 215465.00 5323972.40 189 192 -50
OAX-07-09 Zone 2 Section 12200 W 215474.00 5324000.30 204 195 -53
OAX-07-10 Zone 2 Section 12000 W 215484.94 5324035.00 258 195 -53
OAX-07-11 Zone 2 Section 12000 W 215566.30 5324111.20 444 203 -53
OAX-07-12 Zone 4 Stopped 214890.60 5324293.40 114 180 -72
OAX-07-12A Zone 4 Stopped 214890.70 5324293.70 25 195 -70
OAX-07-12B Zone 4 Stopped 214890.50 5324293.10 26 195 -70
OAX-07-12C Zone 4 Stopped 214890.20 5324293.20 21 195 -70
OAX-07-13 Zone 4 Stopped 214887.50 5324284.10 19 195 -70
OAX-07-13A Zone 4 Section 14300 W 214887.50 5324284.40 533.7 195 -70
OAX-07-14 Zone 2 Section 11800 W 215582.51 5323941.20 215.4 195 -50
OAX-07-15 Zone 4 Section 14300 W 215131.10 5324132.10 423 195 -65
OAX-07-16 Zone 2 Section 11800 W 215576.10 5323919.00 191.4 195 -50
OAX-07-17 Zone 4 Section 13400 W 215144.81 5324177.30 405 195 -65
OAX-07-18 Zone 2 Section 11800 W 215567.94 5323892.60 191.4 195 -50
OAX-07-19 Zone 2 Section 11800 W 215567.94 5324117.40 489 195 -55
OAX-07-20 Zone 4 Section 14300 W 214896.20 5324343.30 40 210 -73
OAX-07-20A Zone 4 Section 14300 W 214896.15 5324343.40 576 195 -70
OAX-07-21 Zone 2 Section 11800 W 215607.90 5324023.30 412.9 195 -50
OAX-07-22 Zone 2 Section 11800 W 215585.02 5323965.60 256.3 195 -50
OAX-07-23 Zone 4 Section 11800 W 215166.02 5324247.90 648 195 -70
OAX-07-24 Zone 2 Section 11800 W 215654.08 5324176.00 590.2 195 -60
OAX-07-25 Zone 2 Section 11000 W 215859.56 5324026.20 422.7 195 -74
OAX-07-26 Zone 4 Section 13400 W 215180.86 5324296.20 810 195 -74
OAX-07-27 Zone 2 Section 11000 W 215842.28 5323970.20 287.8 195 -62
OAX-07-28 Zone 2 Section 11000 W 215825.47 5323915.60 206.6 195 -60
OAX-07-29 Zone 2 Section 11400 W 215738.38 5324044.20 494.4 195 -55
OAX-07-30 Zone 4 Section 13900 W 215018.58 5324306.70 630 195 -65
OAX-07-31 Zone 2 Section 11400 W 215721.55 5323993.80 421.5 195 -55
OAX-07-32 Zone 2 Section 11400 W 215705.01 5323943.80 287.6 195 -55
OAX-07-33 Zone 4 Section 11400 W 215157.20 5324219.50 585 195 -68
OAX-07-34 Zone 2 Section 12200 W 215445.37 5323917.10 159 195 -50
OAX-07-35 Zone 2 Section 12400 W 215394.74 5323960.10 99 195 -47
OAX-07-36 Zone 2 Section 12400 W 215414.56 5324016.27 165 195 -50
OAX-07-37 Zone 2 Section 12400 W 215428.50 5324062.70 235 195 -50
OAX-07-38 Zone 4 Section 13400 W 215180.40 5324296.10 720 195 -70
OAX-07-39 Zone 4 Section 13900 W 215041.52 5324379.50 800 195 -70
OAX-08-40 Zone 2 Section 12200 W 215439.05 5323886.50 190.7 196 -46
OAX-08-41 Zone 2 Section 11600 W 215660.74 5323994.00 356.4 198.6 -51
OAX-08-42 Zone 2 Section 11600 W 215643.55 5323933.80 281.1 195 -53
OAX-08-43 Zone 2 Section 11600 W 215624.88 5323870.20 133.7 195 -52
OAX-08-44 Zone 2 Section 11600 W 215679.29 5324057.90 443.2 195 -52
OAX-08-45 Zone 2 Section 11400 W 215699.31 5323897.00 276.1 195 -52
OAX-08-46 Zone 2 Section 11000 W 215801.46 5323824.80 140.6 195 -52
OAX-08-47 Zone 2 Section 11400 W 215783.43 5324184.00 632.4 195 -52
OAX-08-48 Zone 2 Section 10600 W 215977.00 5323983.00 350 195 -52
OAX-08-49 Zone 2 Section 10600 W 215957.00 5323914.00 326 195 -52
OAX-08-50 Zone 2 Section 10600 W 215996.00 5324049.00 450 195 -52
OAX-08-51 Zone 2 Section 10200 W 216112.88 5324000.00 416 195 -52
OAX-08-52 Zone 2 Section 10200 W 216132.60 5324067.30 518 195 -52
AAX-07-10 Zone 2 Section 11800 W 215631.00 5324121.00 458 195 -50
AAX-07-11 Zone 2 Section 12100 W 215497.85 5323973.50 274.7 195 -45
AAX-07-12 Zone 4 Section 14300 W 214835.00 5324130.00 32.8 195 -60
AAX-07-22 Mid-Canada Expansion IP Anomaly 214965.00 5324800.00 296 180 -45
AAX-07-23 Zone 2 Cadillac Break, East Zone 2 216232.00 5323969.00 407.4 180 -55
AAX-07-24 Zone 2 Cadillac Break, East Zone 2 216489.00 5323988.00 548.6 195 -50
AAX-07-25 Zone 5 East Zone 2 Zone 5 216226.00 5323953.00 544.6 15 -50
AAX-07-26 Zone 2 Cadillac Break, East Zone 2 216700.00 5323590.00 344 195 -50
OAX-17-107 Zone 4   213900.00 5324268.00      
OAX-17-109 Zone 4   213917.00 5324343.00      
OAX-17-098 Zone 4   214421.00 5324171.00      
OAX-17-092 Zone 4   214678.00 5324014.00      
OAX-17-094 Zone 4   214732.00 5323986.00      
OAX-17-119 Zone 4   214053.00 5324251.00      
OAX-17-122 Zone 4   214056.00 5324227.00      
OAX-17-103 Zone 4   214196.00 5324184.00      
OAX-17-104 Zone 4   214185.00 5324165.00      
OAX-17-112 Zone 4   214202.00 5324117.00      
OAX-17-118 Zone 4   214278.00 5324169.00      
OAX-17-119 Zone 4   214276.00 5324158.00      
OAX-17-121 Zone 4   214321.00 5324206.00      
OAX-17-086 Zone 4   214343.00 5324193.00      
OAX-17-105 Zone 4   214332.00 5324143.00      
OAX-17-117 Zone 4   214324.00 5324096.00      
OAX-17-087 Zone 4   214382.00 5324021.00      
OAX-17-099 Zone 4   214464.00 5324068.00      
OAX-17-116 Zone 4   214471.00 5324120.00      
OAX-17-106 Zone 4   214462.00 5324150.00      
OAX-17-084 Zone 4   214518.00 5324040.00      
OAX-17-085 Zone 4   214501.00 5324023.00      
OAX-17-088 Zone 4   214579.00 5324059.00      
OAX-17-089EXT Zone 4   214570.00 5324029.00      
OAX-15-054 Zone 4   214553.00 5323982.00      
OAX-17-091 Zone 4   214615.00 5323967.00      
OAX-17-090EXT Zone 4   214630.00 5324021.00      
OAX-17-090 Zone 4   214635.00 5324040.00      
OAX-17-093 Zone 4   214652.00 5323887.00      
OAX-17-095 Zone 4   214747.00 5323965.00      
OAX-17-096 Zone 4   214730.00 5323956.00      
OAX-17-097 Zone 4   214719.00 5323926.00      



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