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SIZZLING STOCK PICKS Compensated Post
Posted On: 11/14/2012 7:09:29 AM
Post# of 18391
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Posted By: mrchipper

Check this out ......$PNGM s  Golden Snow Project is located in the Battle Mountain-Eureka Trend, approximately eight miles south of the East Archimedes gold deposit where Barrick Gold Corporation is currently mining a Carlin-type sediment hosted gold deposit (approximately 2 million ounces gold produced and discovered). The Eureka district is at the south end of a northerly trending series of intrusives. Within the district a prominent north-south alignment of gold deposits trends towards the Golden Snow Project.

Gold reported by Timberline Resources Corp for the Lookout and South Adit area (approximately 2 to 4 miles north of the Golden Snow Project) includes:

390,000 ounces in a Measured & Indicated Resource category (20.7 million tons @ 0.019 opt Au)
221,000 ounces in an Inferred Resource category (18.4 million tons @ 0.012 opt Au)


These are localized along the Ratto Ridge Fault Zone, which projects south onto the Golden Snow Project.


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