RE:RE:RE:RE:RE:beside sokoman huge potential maybedacre wrote: ACtually, New Point's property isn't 500m from the discovery hole...it's 500 m from SIC's property. So I'm assuming its western border is 500 m from Sic's Eastern border (see below).
It appears, as far I can find out now, that TAC and PIVT are among the lucky few that hold land that's contiguous (adjoining) SIc's. Should lead to lots of speculation in the coming weeks...and associated price appreciation as well.
take care.
New Point acquires Newfoundland property
2018-08-01 13:41 ET - News Release
"Mr. Bryn Gardener-Evans reports
NEW POINT EXPLORATION ADDS TO NEWFOUNDLAND HOLDINGS IN THE DEVELOPING MOOSEHEAD GOLD AREA
New Point Exploration Corp. has acquired title 026311M (500 metres east of Sokoman Iron Corps.' Moosehead gold project) located close to the town of Grand Falls-Windsor in north-central Newfoundland.
The newly acquired property is two kilometres long by 1.5 kilometres wide and lies three kilometres east of Sokoman Iron's Moosehead gold project (where Sokoman Iron recently reported a drill intersection of 44.96 grams per tonne gold over 11.9 metres)."
We are currently celebrating the results held by SIC. It may be a fact that NP’s property is 500m away but that’s not a determining factor that NP won’t hit gold. It all depends on the mineral concentration. If you can spread out you investment for no one knows what lies in the future yet yet, all depends on results!!!