Well...there is no doubt about it...the source of the Cote Lake Deposit is to the North...North West!
We now have sufficient evidence to support this...by the way...it is in close proximity to the shared border that we once had with Augen Gold...of course that border is now history and belongs to us!
It is very clear why initial drilling on Section 93+00E was terminated in mineralization as they approached the shared border with Augen Gold...further drilling to depth would of confirmed the story!
I believe that the best way to get a broad perspective of what is happening at the Cote Lake Deposit we should use Cross Section Diagram 93+00E which includes drilling results released to-date.
Click on the following:
https://www.trelawneymining.com/August-2011-Cross-Sections/L93+00.pdf
Once there you will discover (you must take your time with this) that drill holes from adjacent sections have been included namely, hole E11-81 drilled on Section 92+50E & hole E11-90 drilled on Section 93+50E...these two holes are very, very important! The holes drilled on Section 93+00E will begin from surface, just follow the holes from surface to depth....the other two holes mentioned will be paritally displayed but illustrated on their appropriate headings and depth readings.
Hole E11-81...this hole was drilled approximately 150 metres from Section 93+00E and drilled South to North rather than North to South as in previous drilling and was collared in a heading where it could cover a very good cross-section of the Cote Lake Deposit. The most important finding from this hole is that it has extended the Cote Lake Deposit an additional
175 metres on a bearing North...this is most excellent...think of the additional tonnage and ounces. This hole was terminated in mineralization...they will pick it up once they spot a drill further North and aim it on a heading North to South....more than likely about 600 metres further North from hole E11-81.
Hole E11-90...this hole leaves the door wide open in terms of the expansion of the Cote Lake Deposit moving North towards our once shared border with Augen Gold and also which is very much significant....the mineralization opportunity at depth! Hole E11-90 has now confirmed that the mineralization in this region of the Cote Lake Deposit extends to a vertical depth of
710 metres...Fantastic!
Just think of this in terms of adding ounces...the Initial NI 43-101 involved a maximum depth of
550 metres! I have mentioned this before on a few different occassions...we are going deeper! The real exciting thing about this is that I believe the probability of extending the mineralization further to depth and to the North is excellent. We have a "dip" heading North and the findings point to further expansion!
I have mentioned that I believe that there are
1 million ounces between the last holes drilled to the North..North West and the once shared border with Augen Gold...the lastest findings support this statement and there is no doubt that with the factual information recently released they will easily achieve this as they move their drills into the area.
Expansion...Expansion...Expansion!
With the Augen Gold Deal nearing completion...I cannot wait for the drills to begin to "do the talking" and reveal what is actually there! Remember, they will follow the "dip" and there is no telling what they are going to find!
Exciting Times...Indeed!
Digger144
P.S. Greg Gibson...."we are looking to double the existing resources"...What do I think about this
statement...No Problem!...No Problem whatsoever!