ALWYN ALWYN PORCUPINE MINE -
- shallow shaft
- higher grade at surface compared to fault line deep vein
- shaft area could produce a higher grade + less drilling needed for a resource
- shaft opposite direction of - fault line
- far higher grade copper ( rich grade copper )
- mix geology matrix ( all sorts of ores - pyrite mix )
- points to - replacement deposit ( ores from elsewhere )
- area is shrowed by an arched curve outcrop fold
- shaft was dug oppsoite of this arched outcrop
- north of shaft has quasi veining swarm
- yet.. ore specimens from - tailings pile - show heinz 57 matrix
- vein ore is weaker grade
- heinz sulphide has a heavy mx of a variety of ore
PHOTO - HISTORICAL DRILLING - ALWYN
https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-5QiH52KGhJJafvgCjwmzVF72v8JvbmsrnIdTvAMeA9MSO1o-idfBnsll3s9AMp2LsVOAykft_OCWIB6Ledswcw/messages/@.id==AEBDMR0PCtFlY0S8awKf4M7xoFA/content/parts/@.id==2/thumbnail?appid=YMailNorrin
EXAMPLE -
20m x 20m x 10m x 2.5 ( ore weight ) x 3% copper ( multiply by .03 )
= 750 tonnes of copper x 2200 lbs Cu
= 1,650,000 lbs copper
20m x 20m x 10m x 2.5 ( ore weight ) x .03% copper ( multiply by .003 )
= 30 tonnes of copper x 2200 lbs Cu
= 66,000 lbs copper
Drill veins ?
Or drill the heinz 57 in the enclave circle that the curved outcrop captured al lthe ores from
up north or Lake Wanapetie ?
------------------------------------------------------------------------------------------------------------------------------
Alwyn is a good claim.
Jerome has similar copper nad gold, and PGE's
Red rock - also similar.
I would hope the junior is drilling out the historical and presses a resource.
Alwyn would be a big bonus for the BMK valuation.
As for Glade ?
Like i said... if they tap a hole inbetween Glade and 20 - 046
they's have a tie in - a good 500m potential strike.
And... a potential - north pit - east pit - 20 - 046 - glade = continuity - press a resource.
BUT....
It still doens't solve the issue of, massive land package - 197 sq km.
A former prez assembled and walked elsewhere.
Shareholders are left with... a massive land package, with patch work drilling.
On verge of a fee potential resources....
Junior mentions roll.
Form what i can gather....
Sudbury... is the Big Boys playland.
Nothing escapes their eyes.
I would say... every junior is watched closely.
Some junors alrerady have claws in them.... high percentage excrow shares - etc....
Any junior whose with a massive land package - i would say....
Is apart of something far larger -
Knid of like - Inventus - calling thier claims - Sudbury 2.0
Nothing to hide there... .and quite obvious that they're assembling the next great mass of lands for Sudbury's future....
Rolling the stock with shareholders attached - while securing mass lands, and patch work drilling - testing each area out is fine.. but it also racks up unwated shares - dilution is created.
Throw in prez swtich ups, lag in news, AI, and news of roll, crushed the stock...
Not quite fair... borderline ( ) ???
If... another axes thier common shares but kees thier warrants that were acquired @ 8 cents and strikes @ 11 cents - therer's no loss for the person...
Repairing the stock should be a priority...
Tapping warrants - @ 11 cents with news of Alwyn + Scadd Glade and area - resources
would turn the stock aorund.
Next hurdle...
Stock in on it's way to 300 mil shares out... ( future tense )
They'd have a buffer of, 40 mil shares ot work with...
If the stock repaired and elevated beyond with resources...
Less costs ot drill less shares used. ( keep exapnding on size of resources )
Reassaying -
should be another - on the list to do -
Sodic intrusion mxing with irons and sulphides and who knows what was placed into
solution and reconsolodated - Just look at how nickel can go into chloride solution or even carbonate - or how magnesium is associated ot nickel , even aluminum.
There are several varieties of nickel in the - aluminum, magnesium, serpentione,or carbonate species. We only had gold assaying for Scadd area.
Other options ?
Dividing the lands - is one option.
Zoning - Scadd + Galde + 20 - 46 + East + North + Powerline ( with mining permt )
Zoning - Alwyn + Jerome / Rathburn + Redrock area
Zoning - Jovan area
Tie original shares with - Sacdd zoning
Spin out other claims
Otherwise...
Have larger players already in sotck along with Sudbury majors -
Crack a deal... let shareholders free from the - hold down and games.
Let them sink their own monies - drilling / to prove up.
I just hate seeing juniors drill with good intercepts and held down in valuation.
Seems ot be the norm now adays.
Which palces the small investor at a compromise..
Wealth is transferred by way of, held down sotcks, or stocks rolled.
Small shareholders rarely see the rewards of a good drill campaign.
Fast forward ?
Multiple years in wait....
Few mnore shakes of the tree....
Mnay invesotrs lose their savings...
And... big players take it all.
Maybe it's best for small juniors to have -
large tracts of lands aside of a city with major miners in need of ores...
Maybe it's best... for the lands and reosurces to be sold.
Why walk that road of misery ?
lol
And... it would also help having a juniuor with a geo that's not so partial to - veining.
Would be wonderful if he had a love for - all sorts of pyrites and iron....lol
If the upper strata is mostly replacement deposits.
And these foreign ores are ... outside of the folds and typiclal veinning....
Why is it so haerd to seek out these areas sinstead of thin veins ?
Doens't help with the racking up of shares.. .right ?
Cheers....
Historical - Report - Alwyn - 1950
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiD4tW74db6AhVHg2oFHdzMCyQQFnoECBQQAQ&url=http%3A%2F%2Fwww.geologyontario.mndmf.gov.on.ca%2Fmndmfiles%2Fafri%2Fdata%2Fimaging%2F
41I10NE0158%2F41I10NE0158.pdf&usg=AOvVaw0G3RFk9PYS89BKdl-KhDW9