Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed and interpreted this company's
recent drill results.
Last week Dacian revealed
recent drilling results highlighted the potential for the mine's three planned pits to be merged into a large 1.8 kilometre - long pit.
Not exact matches
Recent drilling at the Smarts 2 pit produced some pretty spectacular
results that include 1m @ 132 g / t gold, 7m @ 18 g / t gold, 2m @ 53 g / t and 9m @ 6.55 g / t gold.
Poland even saw significant
drilling activity and investment from international
drillers, but ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX) and others have pulled the plug on those projects in
recent years after disappointing
results.
Innumerable gold showings and
recent high grade
drill results serve to indicate the project's potential as a world - class gold district.
Paterson noted the bill, which was passed by both the Senate and Assembly during the
recent extraordinary session (although it was not on the governor's agenda), goes well beyond horizontal hydraulic fracturing and effectively would
result in a moratorium on all new oil and gas well
drilling.
The rampant air and water pollution
resulting from fossil fuel use has garnered considerable attention in
recent years, with landmark studies on the human health effects and other costs of coal burning, and alarming accounts of declining air quality in gas - and - oil -
drilling boomtowns.