Here's the interview
https://twitter.com/mmgsilver?lang=en
Wall Street Silver
@WallStreetSilv
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There are a lot of mediocre or even lousy small #silver companies exploring. The fact that Eric Sprott owns 14% of @MMGSilver
is a sign that this one is worth considering.
Alexco's Bermingham Deep discovery is 1200 g/t silver grade
and that's silver not Ag Eq but silver.
The average reserve grade is 800 g/t and that puts it right at the top of all the publicly traded silver companies.
Bermingham is 50 m oz and growing every day-should become the largest deposit in the KHSD.
Spectacular numbers from Formo which is on the same trend as Bermingham / H-C. 2,500 g/t-3,500 g/t.
Eastern part of the district.... we may be seeing the source of the Keno deposits and room for much bigger systems.
2021 program -starting with two drills and up to four drills.May-Sept/Oct.
We will do the first IP survey in the district.to look deep.Ground-based electrical technique.Porphyry targetting.
Because of the scale we are looking at we want to look deep and see the system driving it.
Drilling,geophysics,work towards developing the first resources on these targets.
Eric Sprott was with us on NovaGold.He was in early with us.He's done two financing with MMG.
Keno Hill has historically drilled down to 300m whereas the CDE District is drilling down to three kilometres.Still going at depth.
Alexco/Bermingham Deep is now drilling to 600m depth but Alexco and us share the thought that this could be a billion oz district in the making, that just needs the exploration work.
13:00 Early exploration phase -our track record of discovery-half a dozen world-class discoveries world-wide- is our focus.We are exploration development driven.
Take it to discovery,take it to resource hand it over the fence under a toll milling or JV.
Or, if we make a large discovery-that's our target- we would attract a senior producer that could take out the entire district as a tier one asset.
This district is already a producing asset that would make a difference to the largest silver producers.Take the blue sky potential of the eastern district that
could become a billion oz asset-a tier one district.
We have multiple targets:high grades,mineable widths,stepping out on our high-grade structures plus first discovery bulk tonnage targets.
Resource estimate in late 2021/early 2022. Core objective. Core strategy is to get to resource.
We have high-grade structures where we are finding rocks of 1,000 g/t on the surface,which is incredibly rare.
Somebody has usually already found it. That means the potential for low-cost extraction is excellent and it's a great place to come in and start drilling and
building ounces and growing resources.