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Bullboard - Stock Discussion Forum Mountain Lake Resources Inc V.MOA

TSXV:MOA - Post Discussion

Mountain Lake Resources Inc > A Huge high Grade zone over 15gpt
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Post by Cousin_Gert on Aug 16, 2010 9:46am

A Huge high Grade zone over 15gpt

The size of the whole resource has grown now to close to 1km with an indication the mineralized zone could be 2km's or more.....the potential for a huge open pit continues to grow. And from today's News Release the following also needs to be understood for its value in adding a huge number of high grade OZ in the expanding "Heart of Gold"...

"Hole 205 is a very important hole because it was drilled into the heart of the Leprechaun Gold Deposit where high grade intersections (greater than 15 g/t gold) from 15 drill holes, including holes 160 and 165, have partially defined a continuous zone that is currently 200 m in strike length, and dips from near surface to 175m depth,”

The holes 160 and 165 that were mentioned above were from the Winter Drill Program and further down in the NR were detailed as:    "Holes VL-10-160 and -165 intersected this lens with grades of 25 m (true width) of 4.58 g/t gold (cut) and 9 m (true width) at 38.32 g/t (1.12 oz/t) gold, respectively."

So to date they are really starting to get this "Very Wide High Grade Core" well defined. It is already 200 metres and apparently still growing!!!....can't wait to see all of this come out in the new 43-101 schedule for Qt 4(now only a few months away)

C.Gert
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