Vid & jibbo ,it would be GR8 if you guys could post your updated Fundamental Analysis & More Gold posts each morning for any potential newbies looking in ,this will give them a head start with their own research. i no i could copy & paste BUT wont as would consider this as taking a liberty. keep up the posts guys. any sniff of a imminent incoming RNS & we will really motor, untill then these gradual daily increases will do us just fine.
Many thanks to V1d and Jibbo for their regular input.
The trenching results out in the next couple of weeks should further evidence the fact we are sitting on a lot of gold, but realistically the PFS is what we are all waiting for in September....maximum of 6 weeks. GLA
Vid & jibbo thanks for the reply & GR88 summeries , surely we will start picking up a head of steam ahead of the trenching RESULTS & then push on some more in the anticipation of the PFS, it's been a long wait BUT on the positive side we've been able to fill our isas @ bargain prices.GLA
There’s been some historic drilling on Cristalito-Tatescame, but none by Condor as far as I can see.
The following couple of extracts are from SRK’s long-form NI 43-101 Resource report September 2012. Included in the resource as Inferred ounces under “Other Veins” are 200Kt for 34koz Au at 5.3g/t, cut-off at 1.5g/t.
2004-2005 In 2004-2005, Gold-Ore Resources Ltd (“Gold-Ore”), through a joint venture with Glencairn over the north-eastern part of the La India Concession, conducted underground sampling and drilled 10 DD core holes for 1,063 m into the Cristalito-Tatescame Vein of La India Concession. Underground sampling of the 570m level returned a weighted average of 1.6 m at 21.7 g/t Au. The drilling confirmed mineralisation over a 200m strike length to a depth of 150m, with best intersections of 5.3m at 9.43 g/t Au from 94.6m in drill hole DDT-09.
9.1.4 Gold-Ore Gold-Ore completed 10 holes in 2004 at Cristalito-Tatascame using conventional DD drilling techniques. SRK has been supplied with downhole survey information for the start and the end of each hole, with hole lengths varying from 37 to 180 m. The digital database provided included geology logs of major units and a total of 238 gold assays were completed during the programme.
Targets 3, 5, 7 & 8 have not featured in the results so far. Maybe under way, or next up, depending on results for the four on the go at the moment. The inherited drilling results from Gold-Ore on Cristalito-Tatescame look to be rather deep, and thus as potential UG resources will be on hold for the time being, I guess. C-T is about 1k south of target 7.
Looking forward to the rest of the trenching results and further details of the ongoing programme. It seems that there is significant potential from both San Lucas and Real de la Cruz to add further resource - and maybe Indicated ounces for the PFS if the trenching results can be joined to the existing data in SRK's Resource Model.
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