RE:RE:GoldON West Madsen Block "A" and Block "B"
I think they have an interpretation (ie. that they believe the extension of Balmer Assemblage rocks trends from Pure Gold's Madsen Project onto their own property) and the answer to your question of whether they have a "lucrative chance at a discovery", partially depends on whether their interpretation can be "proven" to be correct. Having said that, even if Balmer Assemblage proves not to trend onto their property, I believe the Confederation Assemblage metavolcanics have the potential to host economic gold deposits too, if the right structural controls are present. Again, they would need to demonstrate the right structural controls are present.
In short, there's potential here, but there's a also lot of work to do to demonstrate it with any degree of confidence. There's smoke all around them though (west and east), so that's at least something to raise hopes. It suggests that if they look hard enough, maybe they'll find some smoke too...
- Prospector