St. Elias Mines

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over 12 years ago
5
in response to Crazy_Henderson's message

Yes I see that none of the holes are in the anomaly. Holes #4 and #14 were drilled above the anomoly but they did not go deep enough to get the big grade numbers.

Both those hole results showed that the grade went way up as they went deeper. Right around that 300m mark.

Hole #4 Sample1: 270m, 1.14 g/t

Sample2: 330m, 9.43 g/t

Hole #14 Sample 1: 288m, 7.07g/t

Both these holes were drilled above the anomoly. The question is why didnt they go deaper like quatec told them. The average recommended depth by quantec was 400 to 500m, yet when you look at the depth of the new drill results they average 150m to 250m to just over 300m. If they punched a hole to 450m on both hole #4 and #14 I will bet a dollar to a donut they that sample grade would be incredibly high!!

Why are they doing this is the question? They have changed their focus for some reason. I know the anomoly has a ton of gold. They know the anomoly has a ton of gold. They are trying to figure something else out. It might me be something to do with the fact that they are trying to figure out if the Tesoro is taylor made for an open pit mining situation. Who knows.

One thing I know forsure is that management is smarter than a lot of people think. They know exactly what they are doing to get the best bang for your buck in the end.

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jon_doe
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130.4 M (FD) : Nov 29, 2011
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