RE:GoldFinger Capital On Hercules A very good interview with Chris Paul. Some key points:
1) Considers the odds of success to be very high.
2) Hole 23-05 had the highest temperature phyllic alteration of all of the deep holes drilled (it is closest to the porphyry centre).
3) The Bornite blanket represents a second pulse of hypogene/hyrothermal mineralization. It could have been remobilization of the pre-existing Copper.
4) The Silver is much younger than the porphyry and could be another remobiliztion event.
5) South of Belmont are the Columbia river flood basalts (CRFB) which bury everything.
6) The mineralization could extend under the CRFB.
7) The known belt of mineralization is 75 km long.
8) 2024 drilling will be confined to the target corridor within the 4x4 km IP map area.
9) Two drills will expand upon the vicinity of 23-05 and 23-26 in a 200m grid. One drill will test other targets.
10) There should be a 3 month delay from the drills turning to PR. Results should continue until Q1/Q2 of next year.
11) Drilling will be 20,000 m maybe more. Drilling will stop early December?
12) They now have 15 people on staff and house/core shack nearby.
13) The Barrick geophysicist calls this area a "ridiculously big system".
14) New Copper projects in safe jurisdictions are highly prized. Other big companies are waiting to pounce depending on the results.
15) They have staked ~15,000 acres and have grabbed the priority areas. Barrick has ~5,000 claims of their own. Rio Tinto is also there.
16) Samples will be processed in Vancouver.
17) None of the 23-x holes to the south penetrated into the lower plate.
18) The Chacocite at Belmont could be more of that Copper remobilization.