OTCQX:GTBAF - Post by User
Post by
Goaweighon Oct 30, 2019 2:25pm
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Post# 30287867
I thought we might need a bigger boat, we're trying to land
I thought we might need a bigger boat, we're trying to land
a Blue Whale in a dingy !
I wonder if JV'ing the North Fault might be an idea. I'm not talking about giving it away but maybe doing a JV with some Co. to earn 50 % by spending a big nut, $ 20 Million and maybe all costs to feasibility.
At 18 Km's and a $ 20 Mill spend that would be a $ 1 Mill exploration budget per Km of strike, We/they would get very good coverage with that kind of program and with luck find another 2 or 3 of 5 hinge zones or maybe more.
Golly, we have 18 Km's of Red Lake type mineralization on the West side of the LP, 18 Km's of Malartic type mineralization ? on the East side of the LP and now 18 Km's of more Red Lake type mineralization on the West side ? of the North fault. So that's now a combined 54 Km's of strike to explore and we've only scratched the surface of 4 Km's of that.
Amazing is the only word I can think of at present.