"Basically, we have a unit of rock that is a kilometer by 400 meters. With the new model, we had to start plugging in holes to test this theory and this press release gives the first six holes from this model. They all hit several of those layers being mineralized with a gap of non-mineralized material in between them, which is perfect because you don't want to mine the whole thing. You don't want a huge mill -- you want a smaller mill, smaller capex. That's what everybody is looking for right now -- smaller projects, smaller capital cost, less capital intensive projects. The main hole from this press release is 53 meters of 0.53% copper. That is basically half a percent copper from surface, which is great. It gives you an opportunity to start seeing how a starter pit in this area can form."
Thanks to Cambridge House for organizing the 25th annual Vancouver Resource Investment Conference. It was our pleasure to exhibit alongside GeoMegA Resources. Congratulations to Cambridge House for another successful event. Well done! See pictures of our booth in a quiet moment on the morning of the first day before the conference opened.
"As the price of gold renews interest in investing in natural resources, Chinese investors in Canada are now looking for mineral and energy investments in their portfolios. The 2020 GCFF Vancouver Resources Investment Conference will bring together one of Canada's fastest-growing Chinese investor communities and bring investment opportunities in the metals and minerals sectors."
We stopped for the holidays, but when the guys come back in January and we’re waiting for results, they are going to go to the ELEMENTARY zone.
This is not in the swampy Abitibi territory where you can drill mostly in the winter. Here, you can drill anytime you want. Obviously, you cannot drill from the lakes in the summer but, ground-wise, it’s very stable and solid ground. You have very little swampy area that cannot be accessed in the summer.