OTCQX:NTGSF - Post by User
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dollardazeon May 29, 2019 8:06pm
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Post# 29783442
RE:RE:RE:RE:RE:Adjacent project (Justin) PR May 23
RE:RE:RE:RE:RE:Adjacent project (Justin) PR May 23Jim Pettit (Aben Resources): ...If you can find an area that's known for high grade, go there, see what you can come up with. So that's what got me into the Golden Triangle three years ago and it brought me to the Yukon awhile back in 2010. I've had a project up there since then. We did discover an intrusion-related system, which is generally known as a little lower grade bulk tonnage. Kind of like a Fort Knox and Victoria Gold, that sort of thing. But what we've done quietly over the last few years, spent a hundred thousand here and a hundred thousand there and we've come up with a very high-grade zone next to that lower grade intrusion. It's a different type of system. It's orogenic, it's very much like Golden Predator where they've come up with some staggering grades. They still have yet to come up with a resource but they're known for very high grades. They're actually shipping bulk tonnes to Watson Lake to a mill. Gerardo Del Real: Right. Jim Pettit (Aben Resources): And not a well-known fact, but that's how high grade it is. It's gravity fed water mill, it's really great. We're right next to it. It looks like an extension of the Three Aces. So we've called it The Lost Ace. And we're going to go up there this year and spend about $1 million. The budget's actually about $1.3 million. We can drill up to 10 diamond drill holes and we can put in upwards of 20 rotary air blast holes, which is a RAB drill, which is really good for near-surface exploration work. We go 20 to 50 meters deep with this rotary air blast ... Justin will see approximately 2,000 meters of drilling. That will commence here within the next week and a half or two in early June.