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Bullboard - Stock Discussion Forum Volcanic Gold Mines Inc V.VG

Alternate Symbol(s):  VLMZF

Volcanic Gold Mines Inc. is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties, focused on building multi-million-ounce gold and silver resources in under-explored countries. The Company has a 60% interest in two highly prospective gold-silver projects in Guatemala: Holly deposit and Motagua Norte project. The Holly deposit is an advanced-stage... see more

TSXV:VG - Post Discussion

Volcanic Gold Mines Inc > Re Very Strong Bonanza Grades
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Post by nozzpack on Sep 09, 2021 9:41am

Re Very Strong Bonanza Grades

Almost all drilling reports have consistently reported very strong Bonanza grades of gold in a lithologic setting which is known for bonanza discoveries.

But, what is even more exceptional is the bonanza grades of silver associated with these bonanza gold drill results .

In gold equivalent terms, many of these drill intersections are better than 1 ounce of gold eq per ton.

With just a market cap of $16 m , An exceptional management team and fully funded for quite a while, get aboard as VG has a tiger by the tail at Holly.
Comment by nozzpack on Sep 09, 2021 10:26am
Strong gold in soil and rock samples along 1,500 metres of Holly Ridge define the current strike length of this target. Depth is 200 m and average vein width is about 3 m. SG is about 2.5 tons per cu m. Elementary computations show that potential mineralization of these vein swarms is about 2.5 million tons. Average grade including Silver is about 0.8 ounce of gold equivalent per ton.  ...more  
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