i,d like to quote from last years feb 28th 2011 announcement
page 6/6
"the bulago JV has 10 zones of high grade gold in outcrop channel samples at the SUGUMA and FUNUTU prospects from continuous chip outcrop channel samples.
Trench intercepts included
27m of 66.8g/t
4m of 135.6g/t
9m of 64.0g/t
16m of 36.5g/t
18m of 40.3g/t
7.5m of 67g/t
9m of 24.0g/t "
furthermore i, like to quote from the FNT Technical report of 30th April 2011,concerning ANDEWA;
P7/56
"the CCZ is located between the Khomsen and Ekhos prospects,where float rock samples assayed to 54.4g/t gold
+990g/t silver and outcrop rock samples assayed to 7.10g/t gold.It is also marginal to the SAMARUNG Prospect which had a historic rock float sample grading
37.2g/t gold
+1.58% copper
+0.5ppm platinum
+44ppm paladium
and NUMEROUS NARROW AURIFEROUS VEINS AND STRUCTURES."
higher up on same page
"EKHOS has developed into the largest and closest to surface 3D-IP chargeability anomaly at Andewa,with very much of it very intense at >45ms."
then
"EKHOS clearly demonstrates a very large,voluminous,cohesive,and extensive sulphide system
commencing on surface and becoming consistantly very intense(>50ms)with depth."
this assay re SAMARUNG contains deep feeder markers of
platinum and palladium and certainly the gold not bad.
how come this area is not targeted re the DEEP LEAD
how come EKHOS,the elephant in the room sits there shrouded.
similarly re the Bulago Lease with oktedi
FUNUTU is not being drilled.
and are pads 1 and 2 the ones designated on p4/6 of the
28th feb report on BULAGO.
by the look of it
and maybe its impertinant of me to suggest it...but
peter at this stage should sell FNT,s share in the bulago lease to BHP for 12 million $( as well as 27$/OUAu proven of the 20 odd % undiluted of fnts share)
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