Post by
astrorbit on Nov 09, 2019 5:17pm
Fenelon boundary map.
Wm presentation page 7
Based on this the gold should be on adjacent property.Wm drilling right near the boundary hitting gold.
wm is the locomotive and bar is the caboose.
how much cash does wm need to complete 80-90,000m?
There is no way bar will finance a huge drill program.max per year would be 10,000m.
Based on recent history of 4 holes and 9 holes.It may be less than that.
The best scenario would be bar and wm put their area51/2 into a new. Spin out company with a major 19.9% shareholder.
The only thing is if bar discovers their own elephant.As it stands Wm controls the fate of bar.
This would allow bar to focus on nickel assets just as the nickel story unfolds.
Still waiting for Martiniere j.v.
Comment by
diabase1 on Nov 10, 2019 11:09am
Good points Astrobit. Darin should also be looking closely at the magnetic map, along the SOUTH side of the Sunday Lake Deformation Zone, for potential gold targets. All major Deformation Zones have gold zones on both sides of the major faults, including the Larder Lake - Cadillac, Porcupine Destor Fault and the Casa Berardi Fault. Never hurts to look!!!
Comment by
FZJasper on Nov 10, 2019 9:24pm
BAR now has plenty of money to drill the heck out of the areas surrounding WM. In the latest PP it was stated that Mr. Spotts money was to be used for exploration in Northern Quebec. Mr. Sprott is all about the gold. He wouldn't give them that money to find more nickel. It's all about the gold.