RE:RE:Some Updates from the Vancouver Resource Investor ConferenceThanks StockPigg for the report and picture (very nice). WM has to stay within their own land, since they run out of place to go in the SE, i.e. to go beyond your 2 purple boxes.
It looks quite obvious that WM may want to talk to BAR for some kind of JV for them to drill it bit further south (WM has plenty of $), noting that the 51 corridor appears faintly on the map.
GH11
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mepatriot wrote: StockPigg7 wrote: Got to meet Marz Kord, Brian Penny and one of the geologists today at the WM booth at the VRIC. Lots of excitement in the air, you can tell that they can't wait to see what lies beneath the ground at Fenelon.
There's not too much that they could tell me that hasn't already been put on their website or some of what's come up in this forum, but there were a few things that I think weren't mentioned here:
1) Exploration - As mentioned in the latest company presentation, 90% of their drilling will be in-fill drilling in and around the lower tabasco zone. I did ask them where they were planning to drill some of the exploration drilling. They told me that the spots on the image were of interest:
a) they want to continue drilling towards the NW along the main gabbro structure
b) they want to put a few holes north of the main gabbro
c) two areas of interest to the SE -> the reason they want to drilll these two zones is that they are extrapolating that this is where two structural trends meet (the same way that the andromeda zone meets at the lower tobasco or the orion will eventually hit the tobasco zone).
And when these meeting places are finally revealed...voila!...We're all rich. It really is that simple.
Excellent info SP. Thanks!