Post by
Retiredgeo on May 31, 2023 7:41am
Press release
The number of gold veins on the east side of the Appleton fault continues to grow. The map is turning into a mess of red lines. I'm beginning to think that open pitting the entire KMZ-Keates North-Iceberg- Keates West area will be the way to go. Some of the larger, richer veins can be pursued to depth by underground methods. I shall not be surprised if both sides of the AFZ are mineralized in this manner down the entire length of the property. Reading between the lines, I think that they are now in a hurry to prove this.
While it is true that they encountered minalization along the KBF far to the northwest there are a number of dead holes in between. Their new aggrsssive approach comes at a price.
Over at Keates West the number of minor faults has increased. All of the gold veins remain shallow and fairly flat but they have been broken up and moved around. This will make any gold calculation far more difficult. I would like to see them punch some deep, vertical holes to determine just how deep the mineralized layers go.
Comment by
Retiredgeo on May 31, 2023 7:43am
Sorry, Keates should be Keats. Old habit!
Comment by
Global1966 on May 31, 2023 8:58am
The strategy for the future will be interesting. Capital raising and another 12 months of drilling is my bet