Post by
mattbigham on Mar 06, 2021 1:34pm
Part III: "25-30m oz in just 1 of 12 targets"
Highlights
Broad mineralization in silver across large areas is indicating a different style in terms of the pervasiveness of this alteration.That is very
encouraging.High-grade structures: 500-1,000 grams.Those are the kind of structures if that's all we saw we'd still be very excited......
But what we're seeing is in addition to these high grade structures we're seeing zones that are tens,twenty,thirty plus metres wide that are
continuous mineralization also associated with those high-grade structures.We're seeing the potential for structural corridors.These are showing a
fifty metre wide zone that's 300m long in size.At the average grade of the bulk tonnage intercepts -which is 65g/t or 2 oz+ ton-those widths,if we develop them
....that is 25-30m oz. More work to be done to prove this up. If we can step in and drill test these structural corridors we have the potential to build
very significant resources - very quickly- in these Keno east targets.Combination of high grade structures with potentially lower grade, open pit mineable. 37:00
What's the potential we see?
Just at this one Fox target - 3kms long- one of the twelve.....You've got room for tens of millions of ounces just in this one out of
twelve target.So,it really opens up that this eastern part of the district has the potential that could be similar in scale to Alexco or larger,especially if we can
open up/develop these bulk tonnage targets.39:00
Q: Tens of millions? 50 million? 100 million?
We believe there are more Berminghams - which is 50 million oz.That's the prize that we are looking for.That number is also important because when you talk to the larger
silver producers they are looking for systems that can be 50 million oz or more.If we can demonstrate even just 50m oz of potential in one of these targets we are onto s
something that the biggest companies in the industry are looking for.Each one of these rectangles that you can see on here could host as much as 25 m oz if you can prove
it up with follow up drilling.
Three drills,perhaps adding a fourth.Drilling in May.Twice the budget of last year.10,000m ,for sure.