Post by pasacancha on Nov 1, 2008 21:08:58 GMT -5
I posted this question to George on Agoracom MMG fwiw
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George, can you please clarify if we are in fact already on the 3rd hole this fall on Pasacancha?
For everyone reading here, the reason I am asking is this:
At the AGM Cary referred to Pasa Hole #1 as the hole attempted last Spring. Then he referred to Hole #2 as “your” Hole #1 and Hole #3 as “your” Hole #2.
As per the below news releases:
-Hole 1 was completed on Sept 16 (about 4 weeks of drilling)
-Hole 2 was 53m on Oct 2
-Hole 3 was at 125m Oct 22
It seems incredibly fast (given the environment of pasa) to have completed Hole 2 in 20 days, move the drill and already be at 125m on Hole 3. Then the company states that drilling on Pasa is slow.
Sept 24
The second drill contracted from Performin EIRL of Peru (news release July 28, 2008) began drilling Pasacancha Hole 1 on August 11, 2008. Pasacancha Hole 1 was completed to 620.8 metres on September 16th. This drill will now commence Pasacancha Hole 2.
Oct 3
Pasacancha Hole 1 began drilling on August 11, 2008 and was drilled to a final depth of 620.8 metres as of September 13, 2008. Pasacancha Hole 2 is currently underway and is at a depth of 53.0 metres as of the morning of October 2nd, 2008.
Oct 22
Pasacancha Hole 3 is currently underway and is at a depth of 125.45 metres as at October 22nd, 2008. The hole to date has cut brecciated and altered sedimentary host rock, and altered dioritic intrusive d**es. Mineralization encountered to date includes galena and sphalerite, with very common pyrite and pyrrhotite. Iron oxide phases such as goethite, jarosite, and limonite are common where the rock is oxidized.
Drilling advances at Pasacancha are slow, as the rock is very fractured and brecciated, resulting in a loss of circulation of drill fluids. To avoid serious problems with hole conditions or stuck drill pipe, our contractor is advancing a maximum of 30 metres, and cementing the hole to seal the walls. The cement is then drilled out and the hole is advanced another 30 metres. While the procedure is slow, it stabilizes the hole and results in a more efficient recovery of core.
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George, can you please clarify if we are in fact already on the 3rd hole this fall on Pasacancha?
For everyone reading here, the reason I am asking is this:
At the AGM Cary referred to Pasa Hole #1 as the hole attempted last Spring. Then he referred to Hole #2 as “your” Hole #1 and Hole #3 as “your” Hole #2.
As per the below news releases:
-Hole 1 was completed on Sept 16 (about 4 weeks of drilling)
-Hole 2 was 53m on Oct 2
-Hole 3 was at 125m Oct 22
It seems incredibly fast (given the environment of pasa) to have completed Hole 2 in 20 days, move the drill and already be at 125m on Hole 3. Then the company states that drilling on Pasa is slow.
Sept 24
The second drill contracted from Performin EIRL of Peru (news release July 28, 2008) began drilling Pasacancha Hole 1 on August 11, 2008. Pasacancha Hole 1 was completed to 620.8 metres on September 16th. This drill will now commence Pasacancha Hole 2.
Oct 3
Pasacancha Hole 1 began drilling on August 11, 2008 and was drilled to a final depth of 620.8 metres as of September 13, 2008. Pasacancha Hole 2 is currently underway and is at a depth of 53.0 metres as of the morning of October 2nd, 2008.
Oct 22
Pasacancha Hole 3 is currently underway and is at a depth of 125.45 metres as at October 22nd, 2008. The hole to date has cut brecciated and altered sedimentary host rock, and altered dioritic intrusive d**es. Mineralization encountered to date includes galena and sphalerite, with very common pyrite and pyrrhotite. Iron oxide phases such as goethite, jarosite, and limonite are common where the rock is oxidized.
Drilling advances at Pasacancha are slow, as the rock is very fractured and brecciated, resulting in a loss of circulation of drill fluids. To avoid serious problems with hole conditions or stuck drill pipe, our contractor is advancing a maximum of 30 metres, and cementing the hole to seal the walls. The cement is then drilled out and the hole is advanced another 30 metres. While the procedure is slow, it stabilizes the hole and results in a more efficient recovery of core.