RE: just topped up10 Feb 2020 18:16
From Jan runs
Canada - Big Bear Gold Project
· The property contains 28 gold and base metal occurrences.
· We see potential for both orogenic gold and volcanogenic massive sulphide ("VMS") deposits.
· Historic sampling in the Johnston-McKenna area provided the following top five gold grades: 1,038.9 g/t Au, 390.2 g/t Au, 318.9 g/t Au, 286.29 g/t Au and 224.9 g/t Au.
· A bulk sample processed in the late 1930's from the Little Bear mine provided a reported equivalent gold grade of 1,564 g/t Au. Based on the 1 ton sample containing $1,600 worth of gold, this equates to c.45.61 oz/ton Au, at a historical gold price of $35/oz.
· Historic sample results from the Joa-Walton area provided the following top five gold grades: 233.1 g/t Au, 198.9 g/t Au, 143.7 g/t Au, 79.5 g/t Au and 46.6 g/t Au.
· Based on recent work new data supporting the historical sampling has identified areas within the project which yield gold results in excess of 100 g/t Au.