RE:significant?Anybody got a better answer than Megacopper without avoiding the question.
A remarkable feature of the Moosehead deposit is that the mineralization is virtually identical to that of Kirkland Lake Gold’s successful Fosterville mine in Australia. Froude has traveled to that site and returned with vein and host rock samples that look the same as those from Fosterville.
“If you are checking boxes and putting the two in context, the deposits have the same relative age, same rock types, comparable rock history, same vein geochemistry with antimony and arsenic,” said Froude.
Between 1990 and 2004 about 10,000 metres were cored at Moosehead, mainly to depths of less than 100 metres. Only one hole went deep and cut 278 grams gold over 0.45 metres at a depth of 257 metres.