OTCQX:HBORF - Post by User
Post by
Snegamookon Jun 14, 2004 9:59pm
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Post# 7610489
lakota's tembo project
lakota's tembo projectarea of tembo project was drilled in late eighties (?) by east africa mines (when it was run from australia) looking under narrow veins with good gold values being mined near surface by locals. not much turned up. they did not look for extension of bulyanhulu zone in SE corner of property. when property was taken over by spinifex and sub-sahara (both ozzies) one of them drilled three holes, or so, for the extension and found it but low gold values and thin. both sub-sahara and spinifex sold out to lakota for paper. geology is imperfectly understood but it looks as if the favorable zone dies in the NW direction from the mine. barrick has a low grade, probably subore, find nw of the mine not far from tembo but this does not run to the boundary. all this was reported by the various companies.