|I ran across the term 'aggressive exploration' a number of times in mining PRs today. I can't help but picture a geologist punching trees and yelling at rocks "Where's that m*****f***ing gold!"|
In the wake of yesterday's minimally informative PR from Sandstorm Gold aka SSL about quarterly gold sales, we get another, much more effusive, about an increase in their credit facility to $350M. Hmmmm, wonder what they are planning?
Orestone Mining aka ORS has released the results of geophysics on their Captain proprty in northern BC, where they are looking for a copper/gold deposit akin to the one being mined at Mt. Milligan 30 km away. According to the interpretation, there is an intense resistivity low west of previous drilling which is a good indication of the type of sulphide mineralization they are looking for. Drilling on this new target will begin shortly.
I prefer ORS's approach to the breathless style adopted by the likes of NRN and GNG.