Look what I found

Re: Look what I found

Seeing as the conditions upon BTP earning into the deal requires them to spend money in the field, and if they can't obliged because their till is flat - one could see a line up forming. Speculation on my part - but what if BTP has been sitting on these new Rhodium assays, knowing full well they are good results...only to have to forfeit the deal afterwards due to lack of dough. Nightmare City for those blooters. But hey...what goes around, comes around. And it would be rich irony after their ham-fisted move back earlier in the year.

Re: Good DD/ tire kicking by Vanity 9 ...Re Look what I found

Never mind a (new) discovery at Chrome Mountain....how about a clarification of the 2007 assay results? We will finally get those results after the weekend. I think once we see how much Rhodium might be there, the sp may appreciate. Of course once we find out when the 2008 drill program will commence, the excitement level should increase. I for one, will not be displeased if another company other than BTP does the work this year.

Re: Look what I found - 9.9 g/t over 21m

Do you mean surface samples?

My understanding is that this from drilling. These guys are the ones that did the drilling anyway, right? I know that Mr. Struck worked for Bema and was a part of the discovery and delineation team for Buffalo Gulch. Mr. Steiner was a part of that too. Then Mr. Struck joined Mr. Steiner? and JV'd with Kinross, Bema, Cypress and Amex back in the ICMC days on F/P, which is how the 530,000 oz was defined. So the "historic" results, are historic because they were done in a company thats not PEM, but involved the same people.

Whats got me very interested is if they're going to drill into the sulphides at F/P. My understanding indicates that none of the prior drilling ever reached the sulphides, which leaves ample opportunity for increasing the oz's, not to mention this deposit is still open along strike. In addition, when you have a well respected engineering company mentioning that this deposit is not mineral reserves because of a few feet of infilling drilling, what happens if you infill the 530,000oz to reserves instead of inferred? You still have to go find everything in between Inferred and measured and indicated by step out and hopefully finding more. Where you have some, and a confident "some", there's more.

"Micon describes the Friday / Petsite property as an Advanced Exploration Property and further concluded that the results of the historical exploration programs on the property have defined the following primary mineralized zones:

A medium-sized disseminated gold deposit that was defined through at least 192 drill holes on 100 foot center spacing that is open along strike and at depth and potentially expandable through additional exploration.

In its 2004 report Micon stated that with a gold price of over $400/oz the Friday / Petsite property is deserving of additional exploration programs to determine if the Inferred Resource estimates can be further upgraded to that of mineral reserves."

http://www.premiumexploration.com/index.php?option=com_content&task=view...

Re: Look what I found

That's what I am hoping for.