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Gold/Mining/Energy : Inventus Mining Corp - IVS -- Ignore unavailable to you. Want to Upgrade?


To: StemuliteWorks who wrote (75)4/27/2016 6:58:20 PM
From: JW@KSC  Read Replies (1) | Respond to of 728
 
Yes, now that we can agree that there are calms fees , we can discuss Claims and Leases.

"I" won't debate your point " I believe all Pardo claims have been converted to Leases? "

But why would Management write in an emaiL late last year, after having it's placed assets in Long Term Maintenance. Then after no PR's for month they replied following after an inquiry that was made :

"Spending has been reduced as much as possible and our claims are in good standing for years to come."


Back to Bulk Sampling, I did want to validate my statement in the previous post:
I could not find the info while writing that post to link it.

"Investus did convert some Claims to Leases in 2009, in order to do Blasting for Bulk Samples to get a understanding of the Avg. Gold content, this long before the 007 & Godzilla Zones were found."


I could not locate the Ginguro April, 1, 2010 PR stated in the PDF below :
But as page 14 of this Ginguro PDF document states,

NEW CLAIMS PROJECT 2011 ASSESSMENT REPORT: MAPPING AND SAMPLING

In 2009, Mount Logan Resources Ltd., a subsidiary of Ginguro Exploration Inc., carried out a reconnaissance mapping and prospecting program collecting 370 grab samples that contain up to 72.2 gpt Au. This program generally identified the distribution of major rock types exposed in the property, and confirmed that basal pyrite quartz pebble conglomerates of the Mississagi Formation locally contain appreciable gold mineralization. In addition, five 500-pound bulk samples were collected using controlled explosives. These samples were metallurgically tested, indicating an average head grade of 2.0 gpt and 94% gold could be recovered (Ginguro Exploration Inc. April 11, 2010 press release). The result of this test is positive.
I had also dug up the discovery dates on the James Bond Zone and Godzilla Zone ,where I had stated they were discovered long after the Bulk Samples were taken in 2009
Those being, for James Bond August and September 2013 and Godzilla August 2014.
Again it is my Opinion that it will be the James Bond "007" and Godzilla Zones where the Bulk Sampling will take place, but I'm not so sure that Sprott will be doing the Bulk Sampling extraction work after poring over that Last PR a few times.

We see, what we want to see..
Perhaps more in that regard later.