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 13,000 g/t per tonne GOLD!!!

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bull
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bull


Male Number of posts : 1300
Age : 52
Localisation : Calgary Alberta
Emploi : Investor
Registration date : 2007-05-24

13,000 g/t per tonne GOLD!!! Empty
PostSubject: 13,000 g/t per tonne GOLD!!!   13,000 g/t per tonne GOLD!!! Icon_minitimeFri Jun 27, 2008 12:18 pm

http://ca.finance.yahoo.com/q?s=gog.v

Golden Tag Intersects 376.4 Ounces Gold Per Ton in Lingo Vein, Aquilon Main Project, James Bay, Quebec
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studbkr




Number of posts : 902
Registration date : 2007-05-24

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PostSubject: Re: 13,000 g/t per tonne GOLD!!!   13,000 g/t per tonne GOLD!!! Icon_minitimeFri Jun 27, 2008 2:03 pm

...with that narrow of an intercept, it's hard to get excited until they repeat it over a bigger area
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bull
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bull


Male Number of posts : 1300
Age : 52
Localisation : Calgary Alberta
Emploi : Investor
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PostSubject: Re: 13,000 g/t per tonne GOLD!!!   13,000 g/t per tonne GOLD!!! Icon_minitimeFri Jun 27, 2008 2:10 pm

studbkr wrote:
...with that narrow of an intercept, it's hard to get excited until they repeat it over a bigger area

Thats right, but it should be on my watch list. I always keep track of stocks I own, even if it is a small amount. Otherwise, I just forget.
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bull
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bull


Male Number of posts : 1300
Age : 52
Localisation : Calgary Alberta
Emploi : Investor
Registration date : 2007-05-24

13,000 g/t per tonne GOLD!!! Empty
PostSubject: Re: 13,000 g/t per tonne GOLD!!!   13,000 g/t per tonne GOLD!!! Icon_minitimeSat Jul 05, 2008 10:36 pm

Just poking around

--------------------------------------------------------------------------------

http://www.goldentag.ca/projects/aquilon_main.php


Quote:
Quebec also ranks among the top ten most explored areas in the world. Despite this, over two thirds of the land remains partially explored or completely virgin. This is true of the general James Bay area, which has only fairly recently became accessible to exploration. Many world-class deposits have been discovered in Quebec.

http://www.mrnf.gouv.qc.ca/english/m...-06/budget.jsp
Companies exploring for minerals in Quebec have powerful incentives, thus, I expect an increase in very interesting discoveries in the province.


Quote:
Due to the development of large hydroelectric dams over the past 25 years, the once remote James Bay region is now endowed with significant infrastructure that offers year-round accessibility by road, as well as electricity, airports, and hotels. For example, it is possible to drive directly by car from Montreal to the road adjacent to the main Aquilon Property and spend the evening at a world-class lodge offering all amenities, located about 40 minutes by car from the main area of exploration on the Aquilon Property.

Infrastructure is sooo important. Having quality lodging facilities nearby is very helpful in enticing newsletter writers and analysts to inspect the goings-on.


Quote:
The James Bay region is gaining in prominence as one of Canada's most important areas for mineral exploration. Virginia Gold Mines and Eastmain Resources Inc. are in the process of developing significant gold discoveries and are two of the many companies active in exploration in the region.

Best place tp find a gold mine, is near another gold mine!

Here is a little on the geology:


Quote:
The Aquilon Gold Property covering 6,370 hectares or 63.7 square kilometers of a folded low-dipping greenstone belt hosting a felsic volcanic center with auriferous mineralization

http://www.answers.com/topic/felsic?cat=technology


Quote:
In the central (Lingo Lake) area of the property, east-west oriented auriferous metric quartz veins exhibit 200-300 meter strike lengths and are less deformed in the vicinity of a small tonalitic intrusion.

Metric quartz veins means larger than one meter in width...centimetric means less than one meter in width.

Tonalitic refers to Tonalite.
http://en.wikipedia.org/wiki/Tonalite

What is so interesting about this property for me, is that they are finding very hi-grade, auriferous quartz veining at surface, over large areas, which has been left untouched by normal fault shifting. This being the case, it is reasonable to assume the possiblity of continuous and unbroken veins at depth, which is crucial in low cost underground mining.


Quote:
In September 2004, Golden Tag conducted a first phase exploration program of diamond drilling and mechanical surface stripping on the Red Toad Zone approximately 500 meters east of the historical. This was in response to the favourable results obtained in the initial evaluation. Drill results from this program consisting of 11 BTW core holes totaling 954 meters, 9 of which were drilled on the Red Toad Zone, indicated the Red Toad Zone was continuous over a minimum strike length of approximately 100 meters and had been confirmed from the surface to a depth of 36 meters.

Obviously, in a situation such as this, shallow drilling is prudent to deterime the extent of near surface mineraliztion before spending huge dollars on guesses at depth...PCM.v is also taking this tact. So far GOG.v has been very successful in broadening their scope of inspection!


Quote:
Drill results to date indicate that the Red Toad Zone is continuous over a minimum strike length of approximately 130 meters and has been confirmed from the surface to depths over 75 meters. The Zone remains open to depth and along strike.

Quote:
The Company finds that the apparent lateral and vertical continuity in drill results from the Zone is encouraging.

I certainly do.

Basically, what I will be trying to determine over the next while, is what might the potential be for tightly spaced, near surface (even up to 100m in depth) centimetric auriferous quartz veining, with multimetric veins at depth. The most crucial indicator for future mining success on this project for me, at this time, is the vein continuity both near surface and especially at depth. Currently, we simply don't have any data points to deal with when it comes to what is in store at depth...should be interesting!
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PostSubject: Re: 13,000 g/t per tonne GOLD!!!   13,000 g/t per tonne GOLD!!! Icon_minitime

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