TSX:LSG.DB - Post by User
Comment by
lornon Feb 16, 2005 11:55am
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Post# 8601293
RE: Elvisimpress...sediments.
RE: Elvisimpress...sediments.If my memory serves me correctly Dome mine ( Timmins )has been operating for something like 50+ years in a deposit located within sediments...If I'm wrong somebody will correct me I'm sure.
I don't recall hearing anything about this sediment zone since the news release but at the time I did recieve some calls inquiring about any information I may have about any drilling that took place over the years into any sediments that may exist on the property.
Wondering if anything more will come of this " new Zone ".
In this July 19, 2004 NR a drill hole encountered visible gold in what was called a " New Zone ".
" Hole TG-55d is the deepest and westernmost hole into the deposit to date. The hole cut a new zone("Deep Zone"), hosted by a fold nose in sedimentary rocks located in the footwall of known mineralization. The new zone consists of strong Quartz tourmaline veining with visible gold. The deep zone assayed at 1.99 grams per tonne gold over 51.1 meters including 12.19 grams per tonne gold over 5.85 meters."
https://www.lsgold.com/i/pdf/2004/LSG-Jul192004.pdf