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Bullboard - Stock Discussion Forum West Red Lake Gold Mines Inc Com RLGMF

West Red Lake Gold Mines Inc is a mineral exploration company. It is engaged in acquiring, exploring, and developing mineral properties in Red Lake Gold District, Canada. The company involves in mining several gold projects across Canada, which includes West Red Lake Project, Rowan Mine, Mount Jamie Mine, and Red Summit Mine.

EXPM:RLGMF - Post Discussion

West Red Lake Gold Mines Inc Com > GOLD GRAM DEDUCTION ( GBR )
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Post by Wangotango67 on Dec 23, 2021 3:27pm

GOLD GRAM DEDUCTION ( GBR )

Let's puts Great Bear under the scope -
That means take out your ( white out  marker ) and let's depop the ( blue + green ) circles
that represent the gold gram intercepts.

I don't know about others, but, erasing the two coloured dots ( blue + green ) makes the
near 4km strike look pretty sparse.

The second biggest question becomes- 
what do the intercepts look like in each hole ?
One would have to craft a map plotting the intercepts of each hole above 3/g in which
to gain a better understanding of what sort of deposit this is....
Meaning - open pit or chase the viens.
I scanned a few of their dril lholes -  appears all over the map -  making it hard ot chase the veins and acquire all the gold if mined via - underground.

If  open pit - one has to cconfigure all the waste ores.
Which then places this project into a class of incredible tonnage of waste ores that must be
delineated at a great cost to get at the gold bearing ores.

What have others seen when scrubbing the ( blue + green dots ) ?
I know what i see, it becomes very thin.
Lots of waste ores  in between.
I wonder if Kinross performed  the - depop of 3/g and under ?
Or did they factor in all the gold ounces - greater masses of 3/g andunder ?

Keep in mind...
if one just eliminates the blue dots of 1/g andunder....
Still, the 4km strike can lose a lot of gold weight - meaning -  look sparse.


Why even deduct GBR's blue and green dots ?
Just to compare with RLG - who as well - excludes the 3/g and under.

RLG  is working over a 2km strike with 1km drilled under it's belt thus far.
Yet - two valuation worlds apart.

Perhaps Evolution was dar too busy remodelling the Red Lake Mine and never saw Kinross incoming ?  I'd like to see another interested in RLG -  nothing like two players wanting the gold. -  right ?  

In the 2016 RLG  43 101 -
it makes mention of the broad goldzone on 7th level - though gram and under  this was not ever really explored to it's fullest - it does mention that it could be vast and then later on it sort of diminishes it's realativity saying - more drills are needed. Why mwention trhis ? Because more and more juniors are considering open pitting their deposits in Red Lake. Two others i came across who modelled their deposits - open pitting.

 

.  
RLG -  is aiming for a 2 km strike.
Could RLG  have something similar to that of GBR multi km strike ?
Will another allow RLG to find out, or, will it be another Kinross - never saw it coming ?

My wish for the new year ?
Gold takes off... and places presure on the Majors to enact al lthe sooner.
Nothing like common investor interest over big hands that hold down...Wink.
And... spot gold on the run would be that perfect catalyst.




https://greatbearresources.ca/site/assets/files/3985/progression.583x0-is.png
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