|Cosigo was a private co. which bought an ore deposit in Colombia from the Govt in a partnership with Fronteer Gold a public co some time in 07. Fronteer was bought out by Newmont leaving the property to Cosigo . This deposit is on land set aside by the Govt after coarse gold was found on surface in the early 80s . After the FARC moved out the Govt put the deposit up for auction . You will see from post 27 the Colombian Govt thought so highly of the deposit that they mentioned it at PDAC 2010 as a possible new producer in the near future .|
In order to raise funds for further exploration Cosigo did a reverse take over of a Canadian shell Horseshoe Gold HSX.v
ONE THING THIS PAGE IS MISSING IS THE PDF FROM OCT 2010 SHOWING THE MMI RR MAP . It is a thing of beauty . Historically these #s will be new to the mining industry as to their size compared to previous norms . However there are questions as to procedure that we need to be sure of . Such as what is the background # being used , how does it compare to numbers used else where ? For example if the background in Africa is 1 RR and Cosigo is using .01 , whole lot of
Why Anticlines can create large Mineral/Gold depsits if the conditions are right and why Dr Montgomery thinks it has the chance to be a big one . . gly.uga.edu searchanddiscovery.com In this case the plate was heated enough for the gold to melt but not enough to completely metamorphose/melt the host rock . There is the case of the IP test run by the Colombian Govt that shows a significant chargeability structure at Rojo Hill 200 m deep . Put that into the mix of anticline+12000 RR+IP Response=big hunka metal .
Technical Report from SEDAR. cosigo.com
cosigo.com This April 2011 Corporate Presentation , which shows the area of hematite , should be viewed with the Oct 2010 C.P. pdf . The earlier shows the area in colour of the MMI zones . They drop down in steps range 50 - 100 , 500 - 1000 , 1000 - 5000 . The hematite is altered and has higher grades .
Updated PDF may 05/11 on Cosigo . Good thumb nail sketch .
This is an example of what MMI can do in a tropical setting .
This is MMI compared to other Geochem systems .
These next 2 links are explanations of MMI as a new Geophysical method for finding buried mineral deposits with an over 90 % record in stable soils . If it is there MMI will find it . The last link is every thing you need to know about MMI .
2/3 down page discussion of MMI process.
geochem.sgs.com Or every thing to know about MMI .
Futher thoughts on MMI - It is such a simple cost effective test that it will eventually replace many other Geochem/ Geophysical tests for a lot of future exploration . This is opinion from published comments .
Send a couple of men out with pastique shovels /scoops and zip lock bags . Take the scoop from the correct predetermined depth . Too easy .
In most situations it will provide a sharper more sensitive image of a deposit than any other test . In the lab new equipment allows the ions to be separated out and counted . All by machine . Read the rest of the items about MMI on this header for an over view .
cosigo.com Web Page .
Death of Indigenous Peoples will appear in a Google search . Discussed this with the co . They say it is all false . A professional agitation group in South America was responsible . See post 13 .
CAUTION/WARNING We all and me especially am capable of thinking my self right and later being proven to be completely wrong . Each time it costs $ and it happens frequently .
This board is not an invitation to buy any thing . Hopefully it is a discussion of what may or may not be a major new deposit .