Post by
digger144 on Sep 12, 2010 2:05pm
High Grade Extension...
The Cote Lake Discovery can easily be described as a Low Grade-High Tonnage Deposit as it stands today...However, in the latest assay results that were released something very interesting was revealed and in my opinion is very significant...the market will begin to pick up on it if they can repeat it!
They went back into hole E10-04 which was the initial hole that caused all the excitement...107.1 metres @ 8.20 grams per tonne which was located down hole at 222.49 metres to 329.60 metres and contained a couple of high grade intersections which helped boost the overall grade.
However, in the latest release they returned to E10-04 and drilled further down....75.50 metres further down, which is about 250 feet they hit a very significant intercept...from 405.10 metres to 423.00 metres, namely....17.90 metres @ 8.06 grams per tonne, a stand alone intercept!
This is very exciting...extension at depth, this could prove to be the start of revealing some interesting secrets to depth! It could be possible that they will identify underground grade mining below the open pit concept...too early to tell...but...very exciting indeed!
The Breccia Structure of the Cote Lake Discovery could prove to of trapped a significant amount of Gold and could be the origin of the other Chester Property Gold Findings.
We are very early as it stands today...but...all signs point to Expansion!
Digger144
P.S. This is starting off slow, but will gather attention if they can repeat the findings!
Comment by
beachman on Sep 12, 2010 2:43pm
Please stop posting garbage.
Comment by
beachman on Sep 12, 2010 7:20pm
Profit taking? That's what you said last time.I call what Digger posts rambling garbage.