New Mineral Mt. WebsiteThe information below is from the new Mineral Mt. website under Rockford. During the 2018 Phase 1 drilling MMV should have stressed the positive results as compared to what Ledge 9 assays were at those depths. They had too many news releases, too much hype without a reference of what they were expected to find at those depths. Phase 1 drilling results were very positive and the stock went to 10 cents. Now they seem to be going the other direction with the news.
https://mineralmountainresources.com/rochford/
- Standby Phase 1 drilling: Gold increases down plunge from:
- 2.0 g/t Au over 3.2m in ST18-001, to
- 1.1 g/t Au over 6.4m in ST18-002, to
- 2.8 g/t Au over 6.1m in ST18-003,
and down-dip to - 2.12 g/t Au over 20m
(including 4.39 g/t Au over 2.5m and 5.24 g/t Au over 1.5m) in ST18-006.
- By comparison, within the surface expression of Homestake 9 Ledge upper tail, rock samples assay only 0.10 g/t Au to 1 g/t Au, with one higher-grade sample assaying 4.5 g/t Au.
- However, alteration characterized by quartz veins with well-developed hydrothermal chlorite selvages and minor sulfides, is locally well developed in the upper tail.
- Consistent ore grade mineralization (~8 g/t Au over 5-10m widths) in 9 Ledge does not begin until 1200m down plunge (800m vertical depth), and the highest Au grades and widths in the 9 Ledge Centroid do not occur until 2000m down plunge (1000m vertical depth).