OTCQX:GTBAF - Post by User
Post by
Ivorygullon Oct 10, 2020 2:24am
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Post# 31700370
From the Eight Capital report
From the Eight Capital reportthat was recently posted, I found this part to be interesting.......
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Mineralization might extend down up to 600-700m or more in places. Drilling already traces it down to 700m core length locally - but those holes are drilled such that they were drilled at shallower angles in an effort to cut across stratigraphy from N to S, rather than straight down to test vertical extent. Management seems confident that mineralization could exceed 1,000m depth or more. It also suggests that the LP Fault and the one that has localized gold around the Hinge and Dixie Limb zones have created a 1,500m wide dilatant zone that was perfect for gold deposition, and that these veins will likely converge at ~3km depth based on current dips. Because of this depth potential, management is suddenly more interested in determining depth extent as opposed to strike right now at all zones.
The report is about a month old, so I'm wandering if they still have this interest, or if they have gone back to infill. I remember quite a few people wanted them to start drilling deeper earlier on this summer. Would be nice to see both the infill and more holes at depth, especially if they are thinking what it states.