Post by
geezer21 on Nov 12, 2021 11:07am
Sokoman High Grade Gold Intercepts
Both Sokoman (SIC) and Newfound Gold (NFG) have been hitting very high gold grades over wide intercepts at shallow depth. Sokoman is on a fault system that bisects all the way across Newfoundland. Sokoman and Newfound Gold are on separate fault systems parallel to each other. Sokoman is to the west of Newfound Gold.
Take a look at Sokoman's drill results. Expand the chart to read the numbers easier:
https://uc9082ae391674cef0a9b5b8b0f7.previews.dropboxusercontent.com/p/pdf_img/ABXbacIFndlYP4owLjGE7sZoIrfuk5X0WjfQvQm2XP6qLV_9KVix3e4yPDSOGordRDfmU5zRk-igTNtMz47ajYmGNb83QYOpmgRHDaZ6HKHr97JYEGHRUwitjve9lw3cAtwSvqBE0xvXrPX9a9RuWQowZEEOs2ztozd2jqz5mms0UsOa6As4-e7Gierk8mfN01LgrWMP1BPUDIr3LGgAS53MAnESIutykvQIB9hLQlOmbY4FeZB1VLEKTaEJDDAb_077jZ9T5l-XREdgvc_Y--g3uKyckq1Rjczj_Benu6hN56k9R78tl2zgrq8tyxX3s8CgRgCphleztAqKyoPvD6DgEp7iiW07H52k71-h4h4Z_A/p.png?page=6&scale_percent=0
Now take a look at NFG's drill results on page 10 of their presentation:
https://newfoundgold.ca/wp-content/uploads/2021/10/NFG-Summary-Presentation-October-14-2021.pdf
Sokoman is hitting high grades at shallow depths. Grades get richer as you go deeper in orogenic systems which is what happened in Fosterville Mine in Australia that has the same orogenic gold deposit as with Sokoman.
Sokoman drilled one deep hole at Moosehead. It returned 279g/t over 0.5 metres at a depth of 257 meters. Diagram on page 7 of the Moosehead presentation.
https://www.dropbox.com/s/cy053177ndmkk4c/Moosehead%20Presentation.pdf?dl=0
257 meters is very shallow compared to Fosterville where they went thousands of feet down.
Fosterville will produce more than 575,000 oz in 2021. This production growth is supported by reserves of 2.72 million oz at 31 grams per tonne (g/t). It is one of the world’s highest-grade, most profitable gold mines.
"Additional exploration progress early in 2017 resulted in new Mineral Reserve and Mineral Resource estimate for the operation being released as at June 30, 2017, which more than doubled underground reserves to 1.03 million ounces (1,790,000 tonnes) and increased the average underground reserve grade estimate by 83% to 17.9 g/t Au. The significant increase in Fosterville Mineral Reserves was supported by down-plunge extensions of the high-grade, visible gold-bearing Lower Phoenix Gold System. In particular, the Swan Zone (previously known as Lower Phoenix Footwall) contributed 532,000 ounces at an average grade of 58.8 g/t Au (281,000 tonnes) to the updated Mineral Reserve estimate. With continued exploration success over the remainder of 2017, an additional Mineral Reserve and Mineral Resource estimate was released as at December 31, 2017, with Mineral Reserves increasing another 65% from the June 30, 2017 estimate to 1.70 million ounces (2,290,000 tonnes) at an average grade of 23.1 g/t Au, including 1.16 million ounces (588,000 tonnes) of Mineral Reserves in the Swan Zone at an average grade of 61.2 g/t Au. Continued drilling in the Lower Phoenix system during 2018 resulted in another significant increase in the Fosterville Mine Mineral Reserves. Mineral Reserves as at December 31, 2018, increased by a million ounces to 2.7 million ounces (2.7 million tonnes) at an average grade of 31.0 g/t, including a Mineral Reserve in the Swan Zone totalling 2.3 million ounces (1.47 million tonnes) at an average grade of 49.6 g/t."
https://www.kl.gold/our-business/australia/fosterville-mine/default.aspx
Comment by
ggnewmex1 on Nov 12, 2021 1:02pm
Thanks Geezer for your info. I appreciate what you bring to this board. It is informtion that is pertinent and valuable. IKE- you always bring things to the board as well. I am just not understanding why you are attacking Geezer/ You are on the same team, just provide info, and let the reader disseminate that which is best for them thanks GG
Comment by
likeike on Nov 12, 2021 6:56pm
ggnewmex1 the problem I have he posts technical stuff and when you ask him to explain he just keeps sending it to you because he does not understand it. If you are a parrot and just keep repeating things to me shows you have no understanding and bring nothing to this board. Copy and pasting the same material equals a parrot. IKE
Comment by
eldreco on Nov 12, 2021 9:38pm
no - no - no! Mr Ike...this parrot is simply asleep!
Comment by
likeike on Nov 13, 2021 10:05am
So Eldrico this begs the question......how do you wake up a parrot? Do we have to resort to going to Monty Python's skit of the guy wanting to return his dead parrot to the pet store and the sales clerk arguing with him that the the parrot is just sleeping? IKE
Comment by
likeike on Nov 13, 2021 1:09pm
Not really a bird fan myself - so maybe Monty Python might be a little easier on the palate! Eldrico are saying they really ate that parrot at the end of the video? What does parrot taste like anway.....chicken? IKE
Comment by
eldreco on Nov 13, 2021 2:03pm
Haha! Good question! Everything seems to taste like chicken these days! Still, it's probably a lot better than eating crow! LOL BTW I think it more than likely that those feathers from the parrot in the vid ended up as a part of someone's regalia...reds like that in a relentlessly green world would be just too appealing. el d
Comment by
likeike on Nov 12, 2021 6:48pm
So geezer you are saying SIC is worth more than NFG? Guess you are the only one out there that knows this.IKE