Post by
OilSandSam on Jul 16, 2007 11:39am
Batopilas
Mag silver has 4500 hectares in the Batopilas district. We have 50,000 hectares that completly surrounds them and have just recently acquired another 100 hectares that we were able to get from a draw, in which we beat out Chesapeake and Penoles. Mag has a news release out today about their findings on their property. Our original schedule was to have a drill program started this fall, I don't know if it's still the same because Hochschilds has our drill at the Moris property. A thought to keep in mind is that negotiations have been taking place in regards to new J/V's...maybe this is an area of interest? Here's their news release;
https://www.stockhouse.ca/news/news.asp?newsid=5616821&tick=MAG
Comment by
r2j316 on Jul 16, 2007 11:49am
I guess we were both thinking the same thing about the Batopilas NR since we were typing pretty much at the same time
Great minds think alike ! lol !
RJ
Comment by
OilSandSam on Jul 16, 2007 12:01pm
You know RJ, I have a reason to be home and doing this, aren't you supposed to be at work? lol. It does say alot about Craig's choices of land packages to aquire and having others prove success right beside us, sure isn't going to hurt things none. Take care pal, Sam.
Comment by
r2j316 on Jul 16, 2007 1:31pm
I am at work but with Karl blitzing us with 3 NR's last week I continue to keep my eye on the boards.
I am also expecting results soon from Horcon. Initial drill results looked really good.
RJ
Comment by
dorinho on Jul 16, 2007 3:18pm
Hi Sam!
Any indications how close the MAG finds were to their property boundary? Can't help but wonder if the geological structures exit onto 'our' ground?
Great, great company this EXM!
Saludos!
Dorinho
Comment by
gabrielgray on Jul 16, 2007 3:37pm
"Can't help but wonder if the geological structures exit onto 'our' ground?"
Were you thinking of adding to our reserves by tunneling over into MAG's goodies?
Good idea, I'll get my pick and shovel. Vayamos!