Post by
stockzorg on Sep 28, 2021 12:15pm
Analysis
The latest release shows a number of interesting aspects. There is now a second hole drilled from 116+50 with grade-width well above the GS average. GS-21-119. There is another hole also above the grade-width average including some 300H resource. GS-21-116. Tracing the DS-5 from hole GS-21-111 to GS-21-112 to Eureka now appears to be moving toward the surface as it runs more easterly than northeast. It goes from 1300m to 1077m to near surface at Eureka. This leaves a really large area of near surface gold potential between Eureka and GS since the constraining fault moves quickly toward the surface in that direction. We can also begin to see a large area of contiguous copper appearing in the PR graphics. I believe there are still >10k meters of drilling to report. Although these holes will again increase the total GS resource because they exceed the GS averages, the big news for me in this release is the potential for additional near surface gold between Eureka and GS. The grade drilled at Eureka was .65g/t Au pretty much right on par with the gold grade average for GS. The potential for total near surface gold to exceed 20 million oz. at GS now looks to be within reach. I'll be home later this week to plug the data in. But GS seems to clearly be in the mid-30 million oz. range now consistent with Iron Cap, Snowfield, etc. Perfect Storm may be another similar sized resource, but either way it seems likely that somewhere between KSM and GS there is another deposit of that magnitude, and good potential for others in the future further northeast. Do your own DD. GLTA. Doug
Comment by
PFAFF2 on Sep 28, 2021 1:26pm
I agree. The diagram in the release for Eureka shows exactly what you are implying. Eureka may be where GS comes to surface. If the enrichment zones continue, the minable grade for the 300 meter zone will increase. IMHO
Comment by
amxjavelin on Sep 28, 2021 3:04pm
Great point Of view PFAFF2
Comment by
highper on Sep 28, 2021 3:08pm
are you a little confused or are you just mumbling through your beard pfft... The A 300 zone was never mentioned in relation to the eureka zone... The deep stock work zone was dude.. no wonder you aren't on the teuton director anymore.. half the time you don't know what you are talking about...
Comment by
PFAFF2 on Sep 29, 2021 9:52am
Highper. I did not imply the 300 zone comes to surface at Eureka. My two sentences are independent of one another. If you want to insult me, be accurate. Otherwise, I enjoy your knowledge base. I own nearly 500,000 shares, so I am a believer in TUO. Bill
Comment by
amxjavelin on Sep 29, 2021 12:44pm
Hey PFAFF2 We got what you wrote the fist time I see why they picked the handle "Highper" after reading the unproffesioanl & inappropriate insults they wrote about you I guess just gets to highper & excited!.
Comment by
Countrygent on Sep 29, 2021 4:10pm
Bill, don't waste your time trying to reason with the endless river of no value added. No polite discussion possible. Appreciate your POV. cg