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FIRESTEEL RESOURCES INC V.FTR

"Firesteel Resources Inc is a Canadian exploration company which is engaged in the evaluation, acquisition, and exploration of mineral properties in Canada and stable jurisdictions. It asset consist of ROK-Coyote,Sheslay and Laiva Mine property."


TSXV:FTR - Post by User

Bullboard Posts
Comment by billk2on Sep 11, 2003 7:08pm
59 Views
Post# 6408598

RE: Poker and what else?

RE: Poker and what else?new projects are fine however,don'ta you think the Poker is exciting for now. In 1988 Cominco Ltd. discovered 36 high-grade gold-bearing boulders on the Poker Property. The average grade of these boulders is 24.3 g/t gold. The highest gold value was 252.16 g/t gold. The mineralised boulder train was traced one-kilometre up-slope from the boulder field. In 1990 and 1992 another company traced the boulder train 300 meters further up-slope. Eleven large boulders were found at the terminus of the train, including the largest boulder found to date – an estimated one-tonne, semi-angular block measuring about 70 centimetres on each side. The highest grab sample from this block assayed 4.249 oz/ton gold with four assays averaging 1.63 oz/ton gold. In 2002, Firesteel Resources Inc. staked the property and carried out a prospecting and mapping program in an area 300 meters west of the last gold-bearing boulder. Six of the grab samples from larger angular blocks returned values greater than 1 g/t gold. Two of the samples returned spectacular results of 40.99 g/t and 45.56 g/t gold. These samples were collected from the base of a scree (talus) slope, which is 50 meters below a moderately steep cliff. This bedrock area will be the primary focus of the future exploration program. The target at Poker is a high-grade shear-vein gold deposit of the Nearby Snip Mine type (1.4 million tonnes @ 25.75 g/t gold. The planned work includes geological mapping, prospecting and chip sampling of any mineralised quartz veins found in the bedrock.
Bullboard Posts