Tahoe Resources TAHO

Interesting Development Right Near Tahoe

[Metal10]

Melkior Resources came out with a news release providing a drilling update which was quite interesting: 

"The “Behemoth Zone”, a second and larger area of interest, has been encountered by both CAR-17-13 and CAR-17-16 at depths ranging from 225 m to 425 m downhole. The Behemoth Zone is comprised of multiple distinct mineralized zones in both of these drill holes. Observations indicate that the mineralization in these two drill holes is related to a broad complex (north-south trending?)  structure that has experienced multiple periods of deformation. There seems to be a general commonality to the zones where the granite has been crushed, circulating hydrothermal fluids produce a pronounced silicified zone marginal and within these cataclastic zones. Multiple periods of deformation have locally produced further cataclastic deformation, brittle failure with associated quartz veining, brecciation with associated intense silicification and shearing. Pyrite is commonly associated with these cataclastic zones and later silicifying and mineralizing events. Visible gold was observed in one location in CAR-17-13 within a structural zone:

Read Here: https://www.melkior.com/melkior-drilling-update/

[geoffs13]

How close is "right near Tahoe"????

[Metal10]

By the looks of their new map on the website, right beside them...  Full webpage here: https://www.melkior.com/canadian-exploration/gold/timmins-gold-carscallen/maps/?preview_id=468&preview_nonce=9c004bad8c&preview=true

[mrleao]

Great opportunity for Tahoe to depend less on international assets... Canada still the safest place for mining period...