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Bullboard - Stock Discussion Forum Spur Ventures Inc SPVEF

"Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada... see more

OTCPK:SPVEF - Post Discussion

Spur Ventures Inc > Fifteen Mile Stream and Cochrane Hill
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Post by BruleShore on Mar 25, 2018 4:41pm

Fifteen Mile Stream and Cochrane Hill

On page 17 and 18 of AGB’s March 2018 presentation, the drill hole plans for FMS and CH are shown.
 For FMS, the outline of the current defined M&I is in orange to the right of the page. It contains 100 drill holes with a M&I footprint of 431,000 oz. Au. 
  The area OUTSIDE the original defined space has over 300 drill holes, the last of which were finished this month.I assume they weren’t drilling these holes for practice.
  Similarly, on page 18, the current drilled holes for Cochrane Hill are shown. Again, the current M&I area has about 100 holes and 393,000 oz. Au. The area OUTSIDE the original defined space has 145 drilled holes.
  Would you dare to think that the  recently completed Phase3 drill program could show M&I surpassing the original 825,000 oz.Au?
  Idle, you know mining protocol. How long before Phase 3  results will be known? Will they all be released at once? Or piecemeal?
  Second question..Measured and Inferred (M&I)... how accurate are these numbers generally?
Comment by idlefreebird on Mar 25, 2018 7:20pm
BruleShore , ok to start they did swiss cheese FMS and Cochrane...for accuracy when a M&I is done at 20x25 m centers it's pretty close to confirmed but Atlantic steps this up with 5x5 meter centers wich is unheard of in any camp here in North America..The stamp that is required for a 43-101 report has been met by Atlantic and this was created the 43-101 after the Bre-ex scandal...Now for ...more  
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