RED 0.60% 42.3¢ red 5 limited

Here's a bit of light reading to keep your minds off the...

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    Here's a bit of light reading to keep your minds off the pain.

    AragonFeb2008.pdf

    Aragon.pdf

    Will post more over the next week. The M&C prospect was "discovered" in 2000 when Newcrest plonked down a RC hole and came up with
    8 meters of 8.8 g/t of Au. Had various holders of the exploration permit since then including Aragon Resources and Leopard Resources. HC posts of both can still be viewed under AAG and LLR.
    Will be just what the doc ordered for Darlot if it is half a good as previous owners were touting. High grade OP right on the front door (7km away). Only fly in the ointment could be the hostile nature of the court case between Andrew Paterson and CIO (formally Leopard Resources). Red may not have access to much of the data that has been collected over the years. May have to start from scratch. Hmmm.
    Most of drilling has been AC and RC to a depth of about 80 meters. Seems to be a layer of high grade supergene ore at about this depth. The primary ore source has been largely untested so the potential is huge. Can't wait to see RED do a bit of deep DD ing to see what is down there.
    Darlot may be the darkest of dark horses MIStragic.
 
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