Post by
Goldjknf on Apr 17, 2022 6:48am
Going deep - One NFG type hole.....
Will send SIC into orbit. I spoke with Tim a little while back about going deep, he wants to go deep, but he explained that before he does he needed to connect the dots with the information he has, in order to pick the best location for success.
He also did say, that with all of the low lying fruit, it was to tempting to not stay there and pick it all, having worked on a farm before, i get it!!!!
One or 2 deep holes similar to NFG super high grade would give SIC almost a similar market cap to NFG's. That would put us around $5/share.
SIC keeps delivering consistent excellent drill results, drill success rate is amazing.
The future looks very bright for SIC shareholders.
GLTA JKNF
Comment by
eldreco on Apr 17, 2022 1:48pm
Thanks Geezer! That was a lot of work to collate - well done! el d
Comment by
eldreco on Apr 18, 2022 10:47am
BC, Thanks - but you should ask geezer direct. el d
Comment by
geezer21 on Apr 18, 2022 11:02am
Yes, that is correct. I cut and pasted it off of the Moosehead presentation and only edited the format to make easier reading. Here is the original cut and paste: MH-19-81 cut 6.4 m of 17.34 g/t Au, including 1.45 m of 75.50 g/t Au
Comment by
guy491 on Apr 19, 2022 1:01am
18-1 you forgot 8.95 m grading 4.20 g/t deeper
Comment by
geezer21 on Apr 19, 2022 2:22pm
I had reported 18-1. I found a picture where you likely saw that deeper intercept. I suspect they went back into that same hole and drilled it deeper and came up with 8.95 m of 4.20 g/t. I notice something similar on another hole that was reported twice.
Comment by
geezer21 on Apr 19, 2022 9:25pm
I added up all the core intercepts. I used the lower number and not the "included" higher number to be more conservative and avoid double counting. Total was 2,003.2 g/t for 106 intercepts. That averages out to 18.89 g/t.
Comment by
guy491 on Apr 21, 2022 8:53am
I had fun calculating the weighted (pondered) grade of all the results displayed and it gives 559.70 meters at 13.913 gr. per tonne with a margin of error of plus or minus 5%
Comment by
BlueChipper2020 on Apr 21, 2022 10:25am
Surething, Excellent post. However for many of us, can you explain a bit of what the below means? Which Valentime are you referring to, the Marathon Gold deposit? Thanks in advance. "If so, then this would indicate that our entire Eastern trend is merely a splay off of Valentine". BC
Comment by
surething1111 on Apr 21, 2022 10:37am
Sorry BC, Sometimes I even confuse myself I meant the regional shear that runs up thru our property....... Valentine lake mine actually sits upon this fault 60 km to our south. Hope this clears it up Best S
Comment by
Stockpicks96 on Apr 17, 2022 8:44pm
I would love to see Tim drill a few deep holes and inkling is a few may be coming soon. Our last press release essentially confirmed the zones are linked together, so I do think now would be the time to start drilling deeper. At some point the market will wake up to what we have here.
Comment by
eldreco on Apr 17, 2022 9:38pm
While I agree - Tim is a cautious guy - and he doesn't have the budget of, say, his neighbours. He can't afford a duster - whereas with many companies a duster is at least as imortant as a home-run...in that it helps you to define. Tim doesn't have that largesse - he has to be right. We'll get there soon enough. el d
Comment by
Stockpicks96 on Apr 17, 2022 10:45pm
Thank you for this answer. I had wondered why Tim hadn't rolled the dice with a few deep holes but that makes perfect sense.