Member Info for ranger104uk

Insite from 2012

St. Elias Mines (CVE:SLI) unveiled Friday drill results from its Tesoro gold project in southwestern Peru, intersecting gold at depths.

The company released the results of drill holes TE-36 to TE-43 as well as the results of trenching at Tesoro. So far, 43 diamond drill holes for a total of 12,740 metres have been completed.

Drilling has tested a variety of targets, including geophysical, down dip and along strike extensions of known gold-bearing quartz veins, and coincident geophysical and geological targets.

St. Elias said Friday that it has received inconclusive results from drill holes that specifically targeted the geophysical anomalies reported by Quantec, with Quantec data set to be independently examined by third party geophysicists.

Despite this, drill holes that tested geological targets did intersect gold at depths, the company added.

Indeed, holes with relatively deep intersections included TE 36, which hit 10.26 grams per tonne (g/t) gold over 1.5 metres, including 5.69 g/t over 1.57 metres at a depth of 133.5 metres; hole TE 38, which intersected 1.9 g/t gold over 1.21 metres at a depth of 103.5 metres; and hole TE 39, which hit 1.78 g/t gold over 0.5 metres at a depth of 120 metres.

The company also announced that it has completed a mechanized trenching program, in which a total of approximately 4,250 linear metres of trenching in 66 trenches were completed.

The majority of the trenching was completed in the area between Zona Central and Zona Sur at Tesoro, and included 557 samples from the wall rock and quartz veins.

Results from 417 wall rock samples revealed average grades of 0.032 g/t gold, with grades as high as 0.525 g/t gold. Results from 140 quartz vein or mineralized structure samples, showed an average grade of 1.35 g/t gold, with grades as high as 22.36 g/t gold.

The company has found five mineralized zones at the Tesoro project that host more than 50 quartz veins. Underground exploration and development work has been carried out on three of these veins (C1, C2 and A4 veins).

A total of 1,157 tonnes of bulk sample material averaging 0.93 ounce per ton gold has been extracted from underground exploration workings at several locations on the Tesoro property so far.

St. Elias highlighted the A4 vein, which yielded 643 tons averaging 0.77 ounce per ton gold; the C1 vein, which produced 451 tonnes averaging 0.99 ounce per ton gold; and the C2 vein, which produced 63 tonnes averaging 2.04 ounces per ton gold.

The company said that gold-bearing structures at the Tesoro property have not been fully explored to depth or along strike, adding that “there remains great potential for the discovery of additional gold mineralization”.

As previously announced at the end of May, St. Elias has suspended drilling at Tesoro and is “evaluating all project data and exploration options to advance the project”.

The Tesoro gold project is 100 per cent owned by St. Elias, wit

Yeap but this isn't UBS

44k USD is all they have to show for 16 months.

I would dig deeper before touching, Then it will be down to you, nobody else

Movax

Don't take it as it reads. According to some in here the figure of 63.6 is only one figure used to get the average and isn't the average? Go figure that one out.

Read my posts on the matter.

Icicle

Just shy of 2 months ago you posted:

Ranger/Guzzler

Let’s give these guys three months. If they don’t deliver by then, I’ll be right there with you, singing the same tune.

Fair deal?

Where you talking about DPD or NTVO?

What were they delivering again?

Funnily enough due to Herr Trump and his circus, I've been keeping a close eye on my pensions. The idea of cashing in the 25% now is looking more like the correct thing to do. I don't think I'll be putting it anywhere near this crowd.

Most Helicks or certainly more than you.

Nope dated 2nd Jan 26

Or was it dilution caused by shares for creditors?

Let you work it out.

Posted 5th Jan 26

I could see Dicky Edwards taking his cash on this rise.

Helicks reply

Lol Keep them coming.

Has my prediction of the next RNS been removed?

Oh Teddy waves goodbye

Are "The MB" using the company shares like Avios points?

Clients or customers not partners.

Heil Trump the most unstable since the wee guy with the wee tash.

If it snows any more in Aberdeenshire he'll claim that too. Total Alien to the real world.

Have to tell you, I've been up most of the night watching The Ashes. So no need for alarms. I generally only need them when getting early flights.

As I've repeatedly said this here is storybook. Not a classic but a bit like the English cricket team, never a dull moment.

Bizarre behaviour to some maybe, but if give the likes of yourselves and others the basis to witter away countless hours of reading and replying or just inspiration punch the air in frustration.

As for the flies, there are sprays and sticky things.

As for meaty RNS'S telling of milestones being completed... Where are they?

Will the next X photo shoot show these works?

Timeliness and updates.

Extract from 18th Nov RNS (7am)

Camp Establishment and Operation

· Significant progress has been made in the planning for upgrading the central operations camp that will support both the Bonanza and Morrocota mines and provide full operational continuity

· Capacity is being increased from 20 to 40 personnel, including operational, geological, security and service teams

· Work scheduled for completion over the next two weeks includes:

• Completion of accommodation facilities for all personnel

• Restoration of water distribution lines for domestic use and sanitary facilities

• Commissioning of a new generator and verification of the electrical load distribution centre

• Installation of a Starlink internet system to ensure stable communications between the camp, mine and Lima office

• Preparation of storage and workshop areas, including segregation of fuel, reagents, consumables and mechanical equipment

• Establishment of HSE safety zones and mandatory access-control points.

Note the wording for completion over the next 2 weeks.

Back to the foul mouthed Playground mindset.

The use of the term new is stretching it a bit now this 2026 after all. Chelsea have had 5 managers or is it 6 in that time.

When is it that someone who thinks he / she is a cat reaches maturity?

Oops wrong yet again I'm not looking for a buy in.

Just as well my post on the next RNS fell just after this one was posted otherwise I would have opened myself up for a doing. Lol

The trading volume of paper gold is vastly larger than that of physical gold, with estimates suggesting it is anywhere from 100 to 250 times greater in volume. The paper gold market (futures, options, ETFs, etc.) has an estimated total value of $200-300 trillion, compared to the approximately $11 trillion physical gold market.

Volume Disparity

The enormous volume difference means that only a tiny fraction of paper gold claims could be settled with actual physical metal if all investors demanded delivery simultaneously. This creates significant leverage and counterparty risk in the paper gold market, which is largely driven by short-term trading and speculation.

In other words anyone can say they have some when they don't really. The cupboard they all use is almost empty.