iT DOES WHAT IT SAYS ON THE TIN !, LOL
Well it has been quite clear to anyone who took advantage of the mine visits that Cononish has more Gold than was previously reported and subsequent upgrades have proven this , having been in Cononish a dozen times I am sitting quite content with a big smile on my face . NLR & CO have quite clearly got a plan and they are implementing it !
30,000 ounces , who said that , lol
Cononish is just the beginning ,
Nat LE Roux's words " Significant Scottish Gold Mining Industry "
Don't under estimate the significance of our achievement of gaining Planning Permission in the National Park either , this is a blue print for environmentally friendly mining anywhere and this will be a massive advantage in the coming months and years as we will all see.
There will be more reserves uncovered from other local areas that is for sure, take Beinn Udlaidh for example , there is thought to be around 20 Breccia pipes in that area alone with over 30 discovered locally .
A few samples below of whats to come:
Coire Ghabhalach , best outcrop 21gt Au
Craig Sheilach , best outcrop 13.3gt Au 18.6gt Ag
Beinn Udaidh, 250m strike avg 2.23gt Au 5.3m best 2.8gtAu 358.5 Ag over 1m
Tom a Chro , Vein outcrop 257gt Au 118gtAg, 6 boulders avg 88.1gt Au
Arichastlich, Avg 7 boulders 37.5 gt Au
Crusty's Vein , Best outcrop 15gt Au best boulder 15.6gt Au
Crom Allt and Beinn Odhar , Best outcrops 13gt Au 89gt Ag
River Vein , 4 outcrops-10gtAu best 145gtAu 47gtAg
Halladay's Vein , Best outcrop 56.9gtAu 54gtAg Best boulder 399gtAu
Kilbridge , 16 veins avg 11.3gtAu 15 boulders avg 24.5 gtAu
Coire nan Sionnach , 250m strike avg 2.86gtAu over 4.4m
Bog Showing ,Boulder 68.4gt Au
All of these are within 10Km of each other or less !
Scotgold have identified a number of high priority targets for follow up including:
Beinn Udlaidh River Vein
Beinn Udlaidh Au Vein
Beinn Udlaidh Breccia Pipes
Auch vein systems
Near Cononish targets - Kilbridge, Coire nan Sionnach and Halladays vein
Don't forget Sron Garbh which has been compared to very large deposits in Alaska by Richarb Goldfarb or what Dr David Holwell said of Sron Garbh;
"This is most certainly an exciting discovery. The mineralisation at Sron Gharb has the characteristics of a classic magmatic Cu-Ni sulphide deposit with elevated precious metals. The ratios of sulphur and selenium indicate that the magma has been contaminated by sulphur-bearing crustal rocks - a key factor in helping to generate deposits of this kind. Intriguingly, the geochemical signatures show that the sulphides cannot have gained their high precious metal contents without the presence of a much larger magmatic system than is current exposed. If this has been preserved beneath the current surface (as a larger intrusion or conduit system), it could represent a potential host for massive sulphide mineralization at depth."
MASSIVE , LOL
CONONISH IS JUST THE BEGINNING !
SGZ Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held