Post by
dwightkerry on Feb 28, 2023 3:27pm
A strike length of 8km showed gold in just limited sampling.
A large gossan zone was identified on the property (Olivut/Seahorse) likely representing a sulfphide bearing fault zone and limited sampling returned trace amounts of gold, According to the last exploration update before COVID.
As well as the 18 Macro Diamonds found and the elevated levels of heavy and light rare earth minerals discovered, the exploration program noted it was really just scratching the surface due to budget.
And again this really seems like Olivut has been finding many positive signs to continue, but seems to continue to face funding challenges.
When one sees some of the zombie companies on the TSX-V burning millions on drill programs with really no hope in finding discoveries, just to keep their narative going - it's frustrating.
Olivut has a chance to find Canada's next biggest discoveries in Diamonds and Gold and yet the market seems to be ignoring us ...
... for now.
Stay tuned ...