Thoughts from Stephen McGibbon…..

by Stephen McGibbon


December 7, 2015 by Stephen McGibbon

Today we have released a significant update on the Hasaga Porphyry target portion of our exploration program at Hasaga. We are getting very quick turnaround on our samples, resulting in a lot of newsworthy assays. We have accomplished a lot in a relatively short period of time in 2015 and are generating solid results.

Its cannot be overstated that we are still at a very early stage at Hasaga, despite the more than 60,000 metres of drilling that will be completed by the end of the year. The intercept composites that are summarized in Table 1 of the press release are highlighting higher grade intervals within overall horizons of mineralized material that often exceed 100 metres in core length.

We are developing a very preliminary block model of a “mineral inventory” which will help us understand the internal nature of this mineralization both at Hasaga and at the Central Zone. What is the likely orientation of these higher grade intervals? What kind of continuity are we seeing from section to section? What mechanisms may be controlling the mineralization? Our team has an aggressive goal in 2016 that includes reporting an initial mineral resource estimate on the Hasaga Porphyry area by yearend. A good portion of the drilling planned will be designed to answer some of these questions, as well as expand mineralization to the west and onto the recently purchased ground acquired in a transaction with Pure Gold Mining Inc.

The press release contains several images that hopefully bring some clarity to the results. The images provide a simple visual indication on both the reported higher grade intervals and the lower grade haloes surrounding them.

In addition to answering specific questions relating to the geological nature of Hasaga mineralization, we will undertake an initial program in 2016 to begin profiling its metallurgical and geotechnical nature as well.