First impressions of today's resultsAt the end of last year's drilling, hole 101 was lost, hole 102 had no significant values and hole 99 was also lost after only 109.5 meters of .549 Au results.
After evaluating that, I expected this year's early drilling out on the glacier - anything east of holes GS-20-61, 62 and 64 - would show no significant values and we would have defined the limits for the entire eastern side of Goldstorm. I particularly thought we were done to the northeast.
Now this year comes holes 104, 105, 107, 108 and 110 - all way out to the east on the glacier, and all still showing gold values. For me, this was very much unexpected. I believe this significantly expands Goldstorm's entire flank from southeast to northeast (108+50NE to 115+00NE). Not only that, the graphics show at least 125 additional meters of expected gold values (my expectations only) even further to the east on the glacier, and pinching off at the controlling fault. Drilling that off might not add a large number of ounces and there are probably much bigger fish to fry for now.
Given these results, I'll be amazed if the limits of Goldstorm are actually known by the end of this season.
Hole 103 shows excellent values, above the Goldstorm overall average, and very high for that area (Section 108+00NE). Hole 109 also appears solid in that same area. Between the two, we have a nice infill for the 300 Horizon and possibly even the beginning of an increase in the pit constrained resource to the southwest, depending on where the rest of the holes are drilled this year.
Bottom line, I felt that the early results this year would be much weaker than they turned out with dusters to the east and some average infill results. Apparently I felt wrongly.
I'm not sure of the significance of the high copper values in holes 107 and 108 but they are quite a bit higher than the rest of the deposit. Also, they are near surface and the gold values are also good. The point is, for these two holes at 112+00NE up to 113+50NE there is a huge amount of space between those holes and the controlling fault at that depth. I suspect there is a need for further work there that might not have been expected.
Holes 104, 107 and 108 expand the CS600. Holes 105 and 110 expand the DS5, and hole 110 expands it to the northeast which is a bit exciting. Holes 103 and 109 expand/infill the 300H.
My thinking was that I would sleep away the summer and wake up for the PSZ data later in the year. No such luck.
Do your own DD. GLTA. Doug