From Dixie to Whirlwind JackHere's a few interesting statements from GBR's technical presentation on their website...
"...High grade gold is localized within silicified coarse grained felsic volcaniclastic rocks. The zone is proximal to a large fault zone (LP Fault) the fault zone is marked by anomalous gold values with a strong quartz-sericite alteration zone...."
As I stated in the previous post, both the LP fault and felsic rocks trend onto RGLD's Whirlwind Jack property. We are the only other company that can say that.
Also...
"Current fault interpretation suggests that the fault zone and favorable stratigraphy extend for approximately 14 kms...." As I said a number of times, the" fault zone and favourable stratigraphy" extend you know where...
Finally, some shareholders are a bit antsy, anxious for a program to start. It's interesting to see the timeline of GBR's approach to Dixie. They acquired 67% of Dixie in 2015. In 2016, they reviewed and compiled data and started to plan exploration program and drill targets. In 2017, they acquired the rest of the project and began drilling...2 years after acquiring the property! Again, 2 years after they acquired the project. They hit their first significant intersection, then in 2018, hit the "bonanza hole" that started all of this...
So, to recap...once again...the LP fault is vital to gold mineralization...and trends onto our property. The felsic rocks...gold occurs in those on Dixie...and trends onto our property. And...patience is a virtue. I know being so for me has seen the sp rise from 0.07 to 0.18.
Have a good night!