treasure island, page-7

Hi,
A quote from the quarterly:
" It is fairly clear from the results and observations made from the second hole that the quartz veining and alteration intersected so far is not the source of the substantial anomalism in the earlier aircore drilling"

IMHO even though large intercepts of high grade ore were not intersected in the two holes, a wealth of geological information was revealed. All prior drilling was scout drilling, loosely based on geophysical data such as gravity and magnetics. These holes have given us our first peek at the rocks! IMHO this data can then be related to the geophysical and geochemical data to better target the next drilling.

Given the huge footprint of the anomaly, it is a bit early to write it off I feel. Exploration takes patience and money, however exploration success euphoria drives SP like nothing else. Do not underestimate the exploration potential, it is a Very Good Address on the BLF.

DYOR
K