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geowizard
23:14:26 Sat
Oct 13 2012

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Invenio pulls out of Ganes


Last week, Invenio announced that they are pulling out of Ganes Creek.:confused:

Read all about it:

http://www.invenioresources.com/

- Geowizard

  
rlh1946
17:49:25 Sun
Oct 14 2012

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Re: Invenio pulls out of Ganes

what does that mean??? that they didn't like the results at ganes??



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overtheedge
18:08:26 Sun
Oct 14 2012

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Re: Invenio pulls out of Ganes

Doesn't meet the economic cut-off for some reason.

It is a reasonable assumption that the deposit was too small. Even real high-grade ore needs a certain quantity per driven foot. Then access would be costly. Add in power generation. Operating costs were bound to be high.

Might make the economic cut-off for a one or two man operation drifting on vein. Might not.
eric

  
geowizard
19:14:16 Sun
Oct 14 2012

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Re: Invenio pulls out of Ganes


Invenio was following up on earlier exploration work done by predecessors.

It's only a personal opinion, but my opinion is based on several years of research and mining in the area, that they are barking up the wrong tree.:confused:

Theories abound on the source or sources of the placer gold that has been recovered at Ganes Creek. Hundreds of geologists have come and gone. The lode is still there!

Last year, I staked and claimed four lode deposits on Ganes Creek. One 1600 acre group at the headwaters and three others about 600 acres to 1000 acres each below the camp at Ganes.

- Geowizard

  

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