Gold Bull Resources – A discussion on why the past drill results may be under reporting the true gold grades
Cherie Leeden, President and CEO of Gold Bull Resources (TSX.V:GBRC – OTCQB:GBRCF) joins us to expand on the recent news from June 1st that outlines how a different assay technique yields higher gold grades in past drill results. We focus on how the assays are different and why the type of mineralization, with coarse gold, does not get included in the past assay results and what results need to be re-assayed.
If you have any follow up questions for the Cherie please email us at Fleck@kereport.com or Shad@kerport.com.
Click here to read over the news release on the new assay results.
Having under-reported prior assays is actually a positive challenge to have. While I’m sure it caught them off-guard, and now they have to go back and re-assay a number of holes, it could add to nice growth in the resource just based on all the drilling that has already been done.
I already thought the team at Gold Bull had been getting good results, but it may turn out that they’ve been getting great results. We’ll have to see how all the re-assaying goes, but very interesting…
https://www.youtube.com/watch?v=IAi-AdJQgcE