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Bullboard - Stock Discussion Forum
Douglas Lake Minerals Inc
DLKM
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GREY:DLKM - Post Discussion
Douglas Lake Minerals Inc
> Dr. Groves, Mbwemkuru Technical Report Link
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•••
tobinator01
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Post by
tobinator01
on Jul 24, 2008 9:18pm
Dr. Groves, Mbwemkuru Technical Report Link
The guys at pacific got the report up on their site. Here's the entire report:
https://www.pacificircorp.com/pdfs/EVALUATION__MBWEMKURU.pdf
I will soon be posting some of my observations.
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MontyHigh
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Comment by
MontyHigh
on Jul 24, 2008 10:38pm
Here's my non-expert interpretation of the report:(a) Yes, Martha, there is gold on the property. Best evidence of this is the "artisanal workings".(b) The sand near the surface is low-grade (e.g. 1 g/t). Probably still economic with mechanized placer mining.(c) The "conglomerates" right under the sand is where the potentially higher grade gold is.(d) The good doctor is
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dcrain
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Comment by
dcrain
on Jul 25, 2008 9:48am
Monty, I take it as a positive that they brought a reputable person in to do an evaluation. Of course, there are some con men that believe they can fool experts, but I am going with my first impression.
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