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Bullboard - Stock Discussion Forum Eclipse Gold Mining Corporation V.EGLD

Eclipse Gold Mining Corp is an exploration stage mining company. It is exploring the district-scale Hercules gold property within Walker Lane. The Hercules property is located only a one-hour drive from Reno, Nevada.

TSXV:EGLD - Post Discussion

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Post by RocksandStuff on Jun 12, 2020 10:22pm

Twinning holes

If you look at the press release map of the holes and compare it to a map of the holes in the 43-101, you'll see all they did was essentially twin the best historic holes. These intercepts are good, but they aren't new data points and would be expected based on the historic holes. They didn't step out or expand the known mineralization. These were just holes to enable putting out a nice PR.
Comment by October4 on Jun 15, 2020 4:02pm
Copy/pasted your post and sent it to Eclipse. Following is the reply  A few points here: No holes were twinned in this first pass, 12 hole drill program. The goal of the drilling program was to confirm historic drilling and also testing areas of known mineralization to determine whether follow up drilling is warranted Some collars may appear close to each other, however our ...more  
Comment by Dirkix on Jun 15, 2020 5:11pm
I think you're damn right, they pushed the sp for next placement/cap raising! 
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