As promised, i said i would update you fellas if i heard from Peter. Peter lived up to his open nature and the following was discussed....i have cropped out my name and the company i work for, i have only inserted the conversation held between Peter and myself below... --------------------------------------------------------- Hi,
I am a shareholder of FNT , I had a query regarding the likely timing of the visuals of ADH002 and a report as to its geology, like was released for ADH 001?
---------------------------------------------------------- Hi xxxxxx I am trying to do such now ? had some camera failure. Monday would be likely.
Everything is looking very good in holes 1 and 2 as I noted in the first release? the assays will tell the story though. I?m also trying to plan where to put the next hole (on the same pad ? good immediate logistical reasons ) on a new pad further inland, still helicopter supported and significantly harder to get to, or near the base camp which is easy, but will also be easy when our new big rigs arrive onsite (but when ? don?t know really mid Nov?). Unfortunately it is not looking like I will have the assays from hole 2 (pad 2) in time to help make that decision. ----------------------------------------------------------- Thanks Peter,
I really appreciate the work you and the team are doing. The transparency you are giving shareholders is second to none in my opinion, you aren?t leaving us in the dark and keeping us readily informed. My friends share the same view too so you have my and their support. So thanks again.
This might be a hard question to answer, but based on your experience in mining and gold, what grades would Frontier be after considering the potential size and scale of our deposit? I know a lot depends on tonnages and capex etc but would anything north of 0.5 g/t Au be a gd start with the assays in holes 1 ? 3? --------------------------------------------------------- Hi xxxxxxxxx Thanks for that ? I?ve had them called long winded before also!
Yes anything >0.5 g/t gold would be an excellent start, because the volume available would appear to be enormous in terms of possible tonnage, it is close to coast , tailings disposal, no landowners to relocate etc.
A thought for you RE holes 2, 3, 4 on pad 2 ? at 45 degrees they project 280m vertically and horizontally, so we will have drilled 3 ?grid? compass points for nearly 600m strike and nearly 300m width to nearly 300m depth. That is 140 million tonnes in that ?rectangle?. If we drill to grid east next it conceivably double that possible volume (need a vertical hole also).
But... I think we will go elsewhere and try our luck on a new area /related target about 700m due north. That would show system size rather well also if (when) we peg it. So much choice and so few rigs.
The potential tonneages is what has got me excited. Im hoping we sniff gold in the assays :D
Are you ok with me posting what was stated on HotCopper? -----------------------------------------------------------
Hi xxxxxxx You would need to post the whole transcript please (including this disclaimer) , but I don?t see any information in that email or what I sent to you RE tonnages as being privileged information. Mining analysts look at it the way I described, what I described is correct mathematically, but we need more drill holes to prove up any mineralisation at all.
I?m not saying we have defined any tonnage of any grade whatsoever, but that quick rectangular volume estimation gives an idea of the possible scale. People can compare the 400m length holes drilled on section in last release against the deep blue resistivity (conductivity anomalies) which seems to have major control on mineralisation.
FYI --To convert from cubic metres to tonnages it is unoxidised so multiply it by about 2.7 in this case, being the same as that for quartz. -----------------------------------------------------------
That was the end of the convo, so thanks Peter for being actively involved with us shareholders. Look forward to those drill cores early next week :D
boy
FNT Price at posting:
22.1¢ Sentiment: Buy Disclosure: Held
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