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0.3¢ pursuit minerals ltd

Ann: Due Diligence Update on Buck Mountain Gold Project Arizona, page-20

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125 Posts.

6

15/09/20

11:17

Post #: 47347259
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Originally posted by Henry Walton: ↑

A summary is no gold found nada zippo and we are running out of time to finish due diligence which means if an extension is not granted which seems unlikely given the results, if they cannot move quickly they will be forced to pay the $55k fee and $55k in shares before knowing if the project is legitimate or forfeit the rights project.

The excuse for no gold is the auger drilling did not go past the first 3 feet into the full 15 feet which the resource is based on, is this a plausible excuse possible, but given that soil, sampling was done and soil sampling showed gold at the surface all over the place, it seems extremely unlikely that given soil sampling was so good that .0003ppm is the best gold result.

They should have seen some more gold in the top 3 feet given that past soil sampling from the top 3 feet found such high levels of gold.

The next step if they want to continue is they need to get a bulk sample from the entire 15 feet and assay it.

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why is your sentiment buy then? this seems like a disaster... I topped up at 0.017 this morning

PUR Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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