RE:RE:Why should I buy?fourbarrels wrote: All availble in the recent updates fromm the company but here is it in a nutshell.
High lights of the 2020 Del Norte drilling include: - Drilling 5975 m of NQ core in 31 drill holes.
- Drilling 2 holes on the K-zone.
- Drilling 13 holes on the Argo zone.
- Drilling 7 holes on the Eagle’s Nest zone.
- Drilling 9 holes on the “14” oz zone.
Highlights of work to date on the Lord Nelson property include: - The newly defined zone called the “14 oz zone is along the Lord Nelson/Del Norte property boundary.
- Exploration on the Lord Nelson tenures indicate gold-copper bearing zones that occur over an area at least 120m to 200m wide.
- Work to date indicates that the zones appear to occur over at least 1.2 km long with copper mineralization located along a ridge top NW of the ‘14’ oz zone.
- Gold values ranging from 0.7 g/t to 475 g/t and copper values ranging from 1.4 to 11.9 % in grab samples were obtained.
- VG identified in surface channel saw cuts on the “14 oz” zone.
- 10 m wide chalcopyrite rich zone with VG in the first drill hole on the Del Norte/Lord Nelson boundary.
Eric Sprottparticipated in 2 PP's with the last at $0.10 and holds a significant position
CEO purcahsed 500k shares in Nov at $0.06
Drill results pending (expect to see results News in Dec & Jan)
Hope it helps.
Also.... Over 20 million shares was trade between 5 and 5,5 during the last 10 days, forming strong support levels. IMO downside is limited to this levels.... Upside from the other side is UNLIMITED. STEWART area is very HOT place right now. DEC is waiting 6000 metres drilling results. Market cap is 10million usd. NO BRAINER......