| LAST | CHG | VOL | Updated | |
|---|---|---|---|---|
| TSX-V: PEM | 0.06 | (-) | 104,500 | May 17, 2012 3:56pm EST |
| OTCQX:PMMEF | 0.062 | (+0.0055) | 19,000 | May 17, 2012 2:22pm EST |
The Friday Zone hosts the Friday-Petsite deposit with a large bulk tonnage potential*. The deposits remain open along strike and depth.
Property Highlights:
| --- CLICK HERE for Phase 4 Raw Assay Data --- |
Raw Assay Data | Press Release May 31, 2011
Raw AssayData | Press Release May 31, 2011
Raw Assay Data | Press Release July 6, 2011
Raw Assay Datas | Press Release July 6, 2011
Raw Assay Data | Press Release July 6, 2011
Raw Assay Data | Press Release July 6, 2011
Raw Assay Data | Press Release July 19, 2011
Raw Assay Data | Press Release July 19, 2011
Raw Assay Data | Press Release July 19, 2011
Raw Assay Data | Press Release August 10, 2011
Raw Assay Data | Press Release October 4, 2011
Raw Assay Data | Press Release October 4, 2011
Raw Assay Data | Press Release October 4, 2011
Raw Assay Data | Press Release October 4, 2011
The 2009 Phase-One program successfully confirmed a new geologic model for the Idaho Gold Project. Phase-Two was designed to test the down-dip potential of the existing resource(15.17 Mt grading 1.1 g/t Au at 0.5 g/t Au cut-off).
Upon discovering down-dip mineralization in Phase-Two with drill hole PFR2009-10, which returned 2.6 g/t Au over 198 m including 9.2 g/t Au over 29.3 m, the goal of the Phase-Three drill program was to double the existing ounces.
Part of the Phase-Four 25,000 meter drill program along the Idaho Gold Project is focused on step-out drilling to the north and south along strike of the Friday-Petsite deposit to reveal the true size potential.
Mineralization in the Friday Zone is hosted within sheared and altered Granodiorite/Quartz Monzonite breccias and muscovite/sericite schists. The aleration type is Phyllic; sericite alteration with disseminated pyrite. Other secondary minerals include arsenopyrite, lollingite(iron arsenide), galena, and chalcopyrite. Gold is finely disseminated and also occurs as native in networks of small quartz-carbonate veinlets. The deposit is predominately sulphide with a shallow oxide cap up to 20 meters in depth from surface.
Friday-Petsite N43-101 report Coming Soon:
Metallurgical testing on bottle role tests was conducted by Cyprus-Kinross in 1997-1999 by McClelland Labs on Friday-Petsite ores.
Gold in oxide material averaged 89.5% recovery and was considered exceptionally good by McClelland’s standards. Gold in the mixed oxide-sulfide material averaged 73.6%,while gold in the sulfide material ranged from 37.5% to 80.8% depending on the size range of the material, which included several grinding tests. Grinding to 74 microns (200 mesh) increased recovery substantially to over 80%.
Flotation/gravity testing and mineral liberation analysis has been recommended as the next step in of metallurgical analysis.
* The Company wishes to state that the potential additional resources are conceptual in nature only, and that there has been insufficient exploration to define an increased mineral resource. Furthermore, it is uncertain if further exploration will result in additional mineral resources. Estimates for potential additional resources are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and depth and geophysically anomalous areas from data received by the Company.