Pacific Arc Resources Ltd V.PAV.H

RE:RE:RE:High grade Cobalt

[Goldenhope]

Anglo wanted everything below 100m  which is where the underground mining has almost reached.  They have a very good reason for that . the grades above are crazy good enough but its at 100m where the action really starts to go off. Thankfully they never got it and now its 100% owned by us.

OldGold wrote: GoldenEra, there was a plan to drill a one km deep hole at Cascavel, but that was put on hold when the money became short. In the original joint venture agreement with Anglo, they wanted 100 percent of anything they found below a specified depth. I do not recall what that depth was, but Anlgo must believe that the big score is deeper down. As Anglo’s head of exploration now works for us, he will be all over this.