RE:Abcourt intersects 91.8 g/t Au over 0.5mHi Fernand
Mohamed Haithem Bennia, Chief Geologist at the Sleeping Giant mine, comments: “We are very excited about the initial results obtained in the DAC 5 sector, which confirms the extensions of our veins and indicate the presence of other veins that need to be tested. This data justifies additional drilling work in order to provide engineers with an accurate and complete model for optimizing the mining plan. You are currently oscillating between enthusiasm and defeatism
Read what the geologist writes
The money is currently being used to drill to transform inferred resources into proven resources; This will make it possible to considerably extend the number of ounces of Gold present in the mine and on the other hand to show with ever finer precision to miners where the veins are, how thick they are, how much Gold they contain, where they are heading etc.
We are 2 historical shareholders who clearly saw Renaud groping underground in pursuit of mischievous mineralized veins which suddenly disappeared to the right or to the left, up or down, with the consequence that he was obliged to dig at great expense galleries to try to trace their tracks.
If you look back at the results from this period, the constant decrease in the content of the extracted ores demonstrates this to you without any possible dispute.
Of course, at 3200 CAD per ounce this infernal pursuit could have been profitable but at the time, Gold was trading at 1600 USD which explains that the injured man was bleeding from all sides and that the hemorrhage was going to kill him.
Mr Hamelin is a modern school mining engineer. He only moves forward when he is sure he is going in the right direction.
Currently his investigations are drawing more and more precisely where the loot is and how to get it as economically as possible.
It is certain that it costs a lot and that we would all like him to decide to bring up a little gold, even if only a small handful, to show us that we have reason to hope and to to wait for.