last callget in before there next assay results come out folks here is an example and its HUGE
PUC.V at .17 a fricken steal
Highlights:
- Hole 5, from 56 metres of vertical depth (immediately below the bottom of the former mine), intersected 181.6 metres of 1.24 grams per tonne gold, including: 152 metres of 1.4 g/t gold, 75 metres of 2.14 g/t gold, 24.2 metres of 4.26 g/t gold and three metres of 24.3 g/t gold.
- Hole 4, located 110 metres due south of hole 5, from 66.4 m vertical depth (about 10 metres below the bottom of the former mine), intersected 115.6 metres of 0.91 g/t gold, including: 71 metres of 1.24 g/t gold, 15.5 metres of 2.35 g/t gold and 3.45 metres of 5.29 g/t gold.
- In hole 5, Pancontinental geologists identified five sightings of visible gold in three different locations.
- In hole 5, 144 out of the 146 samples contain detectable gold, with the lowest detectable gold sample value being 0.034 g/t gold and the highest being 30.2 g/t gold.
- In hole 4, 341 out of the 373 samples contain detectable gold, with the lowest detectable gold sample value being 0.025 g/t gold and the highest being 6.53 g/t gold.
- In hole 2, all 219 samples contain detectable gold, with the lowest sample value being 0.012 g/t gold and the highest being 2.05 g/t gold.
Pancontinental analyzed historic Brewer data to locate sonic hole 1/diamond drill hole 4 and sonic hole 2/diamond drill hole 5, the only vertical holes in phase 1. The company is awaiting results for the two sonic holes.
Significance of results and exploration model
Layton Croft, Pancontinental president and chief executive officer, stated: "To see continuous gold mineralization directly below the former shallow mine for 181 metres in one hole and 115 metres in a nearby hole, five sightings of visible gold in one hole, and detectable gold in 95 per cent of all 738 samples, is absolutely thrilling. We could not have asked for a better outcome from this initial round of diamond drilling at Brewer. It's a game changer in terms of Pancon's exploration outlook and our level of confidence for the future of the project. These initial results have greatly improved our chances of discovering additional gold-copper mineralization at Brewer."