OTCQX:GTBAF - Post by User
Comment by
Goaweighon Nov 09, 2019 11:49am
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Post# 30331354
RE:BR-36 and BR-37 drill results.
RE:BR-36 and BR-37 drill results.But you would only be getting a representation of a tiny sliver of the property. As Chris has said we've only just explored 20 % and in most of that it's probably only been with one hole here and there. Still just scratching the surface. So how would we know that the Yauro zone is the best yet and unless you're sampling the best you're short changing yourself.
We could drill another hole tomorrow just 100 meters south of Yauro and that suddenly could become the best near surface hole we've ever drilled and then what ? We stop bulk sampling the Yauro and move 100 meters south and start bulk sampling that new zone ?
And then we drill another 100 meters south of that and...it could go on forever.
We still have 14,000 meters ? south of Yauro we haven't tested yet, so that's 140 holes @ 100 meter spacing and we could have how many Yauro's in that 14,000 meters ?
Another 14 Yauros maybe and some of those could be far better than anything we've found so far.
Think the game plan here is to find all the Yauros first and then systematically drill off the best of those.
We will probably stay in the current Yauro/Auro zone now and drill off , with widely spaced holes, that 4000 meter envelope, and after Christmas bring in another 2 or maybe even 3 drills to go look for more Yauros and go back to the Hinge and expand on that.
Pretium required a bulk sample because the structures/grades were so complicated and they needed to prove to the market their ore body would hang together but in our case I believe we can get away with closely spaced holes, at least to satisfy a 43-101. But we aren't even near that yet because we haven't come close to finding the best zone to build a resourse around.
I suspect that once put another 100 + holes into the Yauro/Auro and it becomes obvious that a good portion or even all of that 4000 meters of strike is in fact one large ore body and we can demonstrate consistant grade we will be facing a takeover offer.
Chris is still facing the same dilemma, he needs to provide the market with enough information to provide solid support for our stock price but not enough that causes a major to make us an offer we can't refuse, a GF offer.
Still a bit too early for a bulk sample. flashcash wrote: Look at it carefully, it's big ! A bulk sample here and we are laughing.
Yauro (Between Yuma and Auro)