|SlowLane, please put me in the running for the 2006 contest with my pick - PNL Pinnacle Mines for their BC prospects and Chinese connection..|
Red introduced it to me last year, and based on this NR I picked up shares at current prices.
This quote caught my attention: DDH-2005-52 at -60° intersected a zone of mineralization starting at 88.03 meters and finishing at 207.01 meters for 118.98 meters (390 feet) grading 5.4 grams per tonne gold (gpt) (see table below), including a section of 15.2 meters or 49.9 feet grading 34 gpt or 1.0 ounces/ton. DDH-2005-52 was lost in heavily mineralized faulted breccia assaying 6.79 gpt gold over the last 1.52 metres of the hole. DDH-2005-52 is the most northerly hole drilled to date and was drilled in an area that was previously untested. The hole encountered a new style of mineralization consistent with the high gold and silver bearing mineralization that was mined in the upper levels of the nearby Silbak-Premier mine. Visible gold is found within a very fine grained sulphide that gives the quartz in the core a black mottled appearance. Any drill intersection of this type of mineralization in DDH-2005-52 has yielded high gold and silver assays and correlates well with the black sulphide mineralization that was present in the Silbak-Premier mine.