… just because we already know they should … as already indicated by LCC and CCD…
Here are some (non-exhaustive) elements, resulting from a compilation of already released documentation (all those elements are already known).
The Exploration JV (on Francisco II & I) has been completed on November 28, 2012 and consisted into 10 reverse circulation drill holes totalling 3,695 metres (Lumina last M&D – Page 4).
According to Cascadero Press Release, the drill program was defined as follows:
- Francisco I - The drill targets are a combination of gravity and magnetic anomalies and areas of surface rock grab samples that assayed copper and gold values
- Francisco II - The drill program on Francisco II is proposed … to the west of Lumina's existing grid … are designed to test the continuation of this mineralization along an apparent northwesterly structural trend. In addition, 3 reconnaissance style drill holes … are planned to test the contact relationship with the volcanic sediments and the underlying granite host rock.
JV Drill locations on Francisco II
According to the last Cascadero Presentation published on Jan 18, 2013 – Page 10, the current JV Exploration campaign consisted in 11 (?) Drill hole locations (7 on Francisco II and 4 on Francisco I).
As compared with Lumina’s NI 43-101 Technical Report – January 2013 – Page 7/7, the location of 4 drills is within the LCC 0.30% CuEp Resource boundary or within the LCC “Extent of Resource Pit – November 2012”.
The Lumina’s western claim boundary (with Francisco II) approximately corresponds to a vertical line, linking the Reverse Circulation Drills RC-19, RC-23 and RC-30.
As illustrated per Figure I below (I hope it will remain attached to the post), where:
- the approximate borders of the Francisco II claim are lined,
- the location of the Reverse Circulation Drills RC-19, RC-23 and RC-30 are highlighted
- and the approximate location of the 7 JV Drills on Francisco II