OTCPK:TGGDF - Post by User
Post by
Grassyknollon Jun 12, 2020 10:47am
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Post# 31143178
JK on the SKRR venture
JK on the SKRR venture
"The first segment is about Eagle Plains and the outcome of the Vulcan drilling which we already discussed here. I include some discussion about the "Trans Hudson Corridor" which starts in northern Manitoba, cuts into northern Saskatchewan and supposedly continues south all the way to the 43 million ounce Homestake mine in South Dakota. The drivers behind this idea are Ron Netolitzky and Ross McElroy through their new SKRR Exploration Inc to which I am assigning a Bottom-Fish Spec Value rating. They are in the midst of doing a private placement of 10 million units at $0.25 to fund exploration on the four projects they have optioned in the northern Saskatchewan portion of the Trans Hudson Corridor. This region is notorious for its erratic nuggetty quartz veins which can run extremely high gold values but don't hang together into large ounce zones the way they do in the Archean Superior craton of Ontario and Quebec. I spoke to one old-timer who was part of the Saskatchewan rat pack in the seventies and eighties, and he was quite dismissive of the idea that Saskatchewan-Manitoba will ever be much more than the 5 million ounces we see so far. I had to laugh when Tim Termuende told me about how his father Bob and Ron ages ago farted around in the vicinity of the Santoy deposit without managing to find it. But those were the days of paper and pencil crayons. Now data is digitized and one new trick being deployed in this region is the use of drones to conduct magnetic surveys on spacing as small as 10 m. That will allow software to tease into view potential controlling structures for the gold mineralization that was never possible with old fashion human prospecting and mapping."