CSE:USGD - Post Discussion
Post by
SPACEDOC on Feb 21, 2024 7:37am
This minimal drill porgtam will do nothing
It's the biggest nothing burger I ever saw. that will not move the share price one iota even if successful. No money no true work 2024 Program Summary and Objectives:
- Exploration of highly prospective untested target areas identified through the compilation of substantial historical and recent data.
- Phase I drill program will commence this spring, consisting of five diamond drill holes for total of 1,350 m, concentrating on the near-deposit area, allowing the Company to gain valuable data regarding rock densities and mineralization-type tonnages, and the extent of the high-grade Cu-Au mineralization adjacent to previous mine workings (see Figures 1 and 2).
- Detailed mapping, building on previously completed work, to refine deeper regional Phase II drill targets, including the western portion of the property which contains historical, undrilled gold values of up to 48.5 grams per tonne (“g/t”) Au, which the Company believes represents leakage from a buried intrusive heat source (see Figure 3).
- Phase II drill program will include new regional discovery drilling as well as follow up on successes from the near-deposit drilling in Phase I.
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