area activityNow that it appears that we have a more civilized bullboard I thought I would add a few comments to those who would listen
Area activity Blue Thunder is waking up a bit .They recently raised money ( big over allotment) and are now drilling the Muus properties . I am watching this program ( 3-4 holes) only because these prospects are located in sediments in the Nelligan corridor . This drilling is approx. 30 km northwest of the Nelligan deposit. Blue Thunder has a huge land base and will likely drill elsewhere in the corridor this winter.
What is more important is the activity 700m north of our north boundary at Felix. Bmex is completing an extensive drilling program on the Tut gold prospect. The deposit is approx. 900m long , 25m wide and 250m deep -a classic shear zone gold occurence. It has along history of drilling with some very thick intersections. The Bmex program is completely saturating the showing and I expect all holes will find gold and the best potential I feel lies deep ( Perron analogy). They are drilling deeper ( see press releases with good visuals ) and are awaiting results. Deeper intersections included 6.3g/t over 6.0m. The deposit has been defined by H .E.M./ VLF geophysical anomalies. What is important for VSR is we have at least 6 - 10 similar untested anomalies on our land in this area. Only one anomaly was tested and that was the one containing at least 1.23g/t over 68m. We will be twinning this hole and deepening it this winter The other anomalies surround this hole. Bmex's work will greatly enhance Felix and will likely give us an idea what to expect . We will likely drill at least 10 holes when freeze-up occurs ( which is getting close). Our anomalies look good and all have been previously identified on historical surveys.Should be an interesting winter proram for us. As always - waiting on details from IMG on the winter program and of course, imminent SUP results Cheers