Laying the foundation for the drilling info for th
Post# of 8054
Posted On: 08/26/2012 9:23:07 PM
Laying the foundation for the drilling info for those who are not aware of or reject PR's etc.
Note- when they began the deeper drilling forecast by this PR they discovered a 5th vein
These original 68 drill holes as per the guy whose company dredged the port and reportedly tried to get into the iron business or did so himself was done by cemex-and these holes apparently led to the discovery of the veins-all my info on that is from independent sources.
This PR forecasts the exact drilling program shown in the graphic I have been posting. Further drill info was in subsequent PR's.
>> Sept 29 2011 Remedial Drilling Underway at Mina Guadalupe
Quote: CWRN Management stated today that the original drilling program consisted of 68 shallow drill holes into the Guadalupe iron ore bodies; 66 of the 68 drilled holes contained iron ore lenses varying in thickness from 2 to 14 meters thick. The deepest drilled hole was 20 meters in depth. The last shipment of iron ore and the current stockpiles of finished products have all come from a small section of the 1,500 meters long Coloso Vein (one of four long iron ore veins on the mineral concession) and 26 meters of overburden and iron ore have been extracted out of the section.
Currently the company has begun a remedial drilling program to extend the drilling depth to a minimum of 25 meters under the previously discovered iron ore lenses and up to 100 meters deep should the ore body continue at greater depth. In the first of a series of mini drilling programs, four drill sites were chosen approximately 300 meters apart along the 275 degree Northwest Coloso strike in areas of confirmed heavy ore bodies. The results of the program will be made available to our shareholders and the general public upon completion.
Note- when they began the deeper drilling forecast by this PR they discovered a 5th vein
These original 68 drill holes as per the guy whose company dredged the port and reportedly tried to get into the iron business or did so himself was done by cemex-and these holes apparently led to the discovery of the veins-all my info on that is from independent sources.
This PR forecasts the exact drilling program shown in the graphic I have been posting. Further drill info was in subsequent PR's.
>> Sept 29 2011 Remedial Drilling Underway at Mina Guadalupe
Quote: CWRN Management stated today that the original drilling program consisted of 68 shallow drill holes into the Guadalupe iron ore bodies; 66 of the 68 drilled holes contained iron ore lenses varying in thickness from 2 to 14 meters thick. The deepest drilled hole was 20 meters in depth. The last shipment of iron ore and the current stockpiles of finished products have all come from a small section of the 1,500 meters long Coloso Vein (one of four long iron ore veins on the mineral concession) and 26 meters of overburden and iron ore have been extracted out of the section.
Currently the company has begun a remedial drilling program to extend the drilling depth to a minimum of 25 meters under the previously discovered iron ore lenses and up to 100 meters deep should the ore body continue at greater depth. In the first of a series of mini drilling programs, four drill sites were chosen approximately 300 meters apart along the 275 degree Northwest Coloso strike in areas of confirmed heavy ore bodies. The results of the program will be made available to our shareholders and the general public upon completion.
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