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Bullboard - Stock Discussion Forum Comstock Metals Ltd V.CSL.H

Alternate Symbol(s):  CMMMF

Comstock Metals Ltd. is a Canada-based company. The Company is focused on identifying new opportunities. The Company is considering various options, including the acquisition and exploration of new projects.

TSXV:CSL.H - Post Discussion

Comstock Metals Ltd > LET'S TRY TO ORGANIZE AND MAKE SENSE OF ALL DRILLS
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Post by Wangotango67 on Jun 23, 2019 11:54am

LET'S TRY TO ORGANIZE AND MAKE SENSE OF ALL DRILLS

I think the best way to make sense of the Preview Gold Deposit ...
It to fully understand + SEPARATE = each of the 3 junior miners who've owned Preview.

- PLOT EACH JUNIORS DRILL HOLES AND RESULTS SEPARARELY ON MAP
- 3 COLORS DEPICTING 3 JUNIORS LOCATION + WITH SIDE CHART SHOWING
- EACH JUNIORS CONTRIBUTION OF DRILLS
- INSIDE + OUTSIDE OF - ORIGINAL DEPOSIT 
- AND AFFECTS ON ORIGINAL DEPOSIT BY WAY OF
- INCREASING STRIKE + RESOURCE SIZE
- BLENDED DRILL RESULTS = DILUTING ORIGINAL DEPOSIT ( 12.34 grams - 1.89 gram averaging )

- BEGIN BY ESTABLISHING COMECOS ORIGINAL RESOURCE DEPOSIT - 
- Cameco's original resource deposit seen 14,000 meters of drilling
- 14,000 metres of drilling, stands at...
493,700 tonnes grading 12.34 g/t Au,
= 195,892 ounces 

- I have since doubled back to check to see if the Twin ( lake ) deposit was also near, Preview
- IT IS NOT NEAR PREVIEW NOR IN IT'S BOUNDARIES = IT'S FAR AWAY = TIP OF, SASKATCHEWAN 

- The article in, question that I posted = had mentioned Cameco's " OTHER " Gold Project.
- I NOW know Wedge Lake was NOT on Previews property just the singular above resource is good.
= 493,700 tonnes @ 12.34 grams = 195,892 ounces ( sticks ) all good.

- SECOND - MOVE TO ORGANIZE - LA RONGE JUNIOR
- Compile all of La Ronge's drill ( results ) 
- Drills inside + outside of = Original Deposit
- Affects on original deposit 
- Expansions of original deposit - strike distance + ounces
- Affects on inside " drill campaign " to confirm original resource.
- We know that La Ronge did drill inside the " original Comeco " deposit
- We know an article said La Ronge " confirmed " Comeco's deposit.
La Ronge has already made a splash in the area, pulling some impressive results in a drill program to confirm historical resources at the Preview SW deposit. Drilled in the centre of the old deposit first established by Cameco in the late 1980s, hole 121 hit 214 metres averaging 1.63 g/t Au starting at 12 metres downhole and hole 122 returned 197 metres carrying 1.04 g/t Au starting at 8 metres depth.

- Carefully read " captin above " and who was it that had the impressive 197 + 214 meter drill hits ?
= CAMECO had those results...

- WE NOW SHOULD QUESTION - 
- What were La Ronge's drill hits that confirmed " Comeco's " original deposit ?
- More importantly = did La Ronge = have the same HUGE intercepts ?
- With a quick recall - in, mind = nope... I don't recall La Ronge with such huge intercepts.
- WHICH MIST BE NOTED = POINTS IMVESTOR TO = What sort of intercepts did La Ronge have ?
= Did La Ronge have same 200 meter drill intercepts ?
= How did Comeco's 200+ meter intercepts of = 1.63 grams have an original of, 12.34 grams ?
= Was there other Big Drill Intercepts performed by Comeco to justify = average of = 12.34 grams ?

- WHAT SHOULD BE BROUGHT FORTH ?
- Comeco's original drill holes = all of them
- Show each intercept + gold gram averaging
= It would provide lots of answers 
= As per = how did Comeco arrive at 12.34 over all grams
= And has any of the 2 other juniors = have the same massive - intercepts...
= IRONICALLY COMSTOCK DID = 104+ METER HIT @ 1.01 grams.


COMSTOCK ARTICLE - 2017 - 
At the Preview SW zone, which hosts the current resource, Comstock has now released an ‘eye-opening’ hole of almost 105 meters at 1.01 g/t gold. The gold grade is indeed lower than the average grade of the existing resource, but this hole confirmed the continuity of the several parallel structures. As you can see on the next image, the longer 105 meter interval includes several narrower higher-grade intervals, and that’s exactly what Comstock was expecting to find

LINK:
https://www.caesarsreport.com/reports/report-comstock-metals-building-ounces-canada/


- 3rd COMPONENT - 
- Incorporating all of Comstock's Drill Results.
- Inside historical 
- Outside of historical ( even extending south preview + all new north preview )

- TALLY EACH DRILL HOLE FROM 3 JUNIORS -
- always keeping the original resource the focal point
- always documenting each new hole inside historical + effects on grade dilution or, meter intercept
- continually summing the resource as grades + intercepts = reshape + model the original resource

- YES...A NEW RESOURCE COMPILATION IS NEEDED -
- There's been numerous holes performed by 
- La Ronge + Comstock
- inside and outside of Original resource + extending it's strike from 170 meter to over 500 meters
- perhaps the grade of original has been diluted with new drill holes ?
- if so...it would explain the increased tonnage and lessor grading..?

- IS THERE A MAP DEPICTING ALL 3 JUNIORS + DRILL PIN POINTS ?
- YES...perhaps this map doesn't include most recent but it does provide a good parameter.


- DRILL HOLE MAP - ( 3 juniors = lots of pin cushions ) 
https://www.caesarsreport.com/wp-content/uploads/062017-previewsw-drillplan.gif


SUM IT UP...?
- What pitch and angle did Comeco use to obtain 200 meter intercepts ?
- Angle or Vertical ?

- Did La Ronge and Comstock ever TRY to restart drilling around the 200 meter intercepts ?
- Tighter proximity = chase the massive 200 meter veinimg ?
- Comecos 197 ( 640 foot vein ) and another 200 meter intercept = 650 foot vein
- Comstock's 104 meter intercept = 338 foot vein
-( Hypothetical ) 200 meterD x 150mW x 150mL = 4,500,000 cubic tonnes @ 1 - gram
= 144,695 ounces - this is just an example figure basing Depth intercept on equal measure of W x L 


- I'll hazard the guess ???
- And say...Comstock ( culled ) back the Comeco's original 12.34 grams
- Was it a lab typo = 12.34 grams that should have read ( 1.234 grams ??? )
- Won't venture down that road - wink.
- EVENSTIL...200 METER INTERCEPTS + 104 METER INTERCEPTS
= ARE INDEED SIGNIFICANT

- COMSTOCKS 104 METER INTERCEPT - CHART -
https://www.caesarsreport.com/wp-content/uploads/table-1-1024x624.jpeg

- NOTE - zoom in on...DRILL HOLE PR17 - 169
- ASIDE OF THE 1.01 GRAM AVERAGE
- DO TAKE NOTICE THAT THERE ARE OTHER HIGHER GRAMS WITH IN INTERCEPT.

LET'S ASSUME THE 197 METER + 200 METER + 104 METER INTERCEPTS = SAME LOCATION
- Perhaps what's needed is an accurate parameter which defines how wide and long this vein is
- Knowing the depth intercepts BEGS one wanting to know the true parameters.
- Establishing this specific area and lace it into a confirmed ( indicated + measured ) 
= Will allow Comstock to SEGRAGATE this info it's own ( isolate ) this massive vein anomaly.
= And...all other drills ( South Preview extensions + North Preview drills ) 
= Compile those into their own rightful resource calculations.
= It would clean this entire project up
= Allow one to make sense of it all.

Just my own opinion.
Maybe, wrong...
But then again, i maybe be right.
Do your own DD.

I may be way - out in left field.
Just how I see this project.
Not investment advice.
Directed at Comstock.

Wango~







 
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