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HOT POT (HP)

Au
1,385.05
USD/oz
-0.01
red
http://www.infomine.com/investment/metal-prices/gold/
Data as of May 22, 2013 11:43AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Nevada, USA
                 30 km NW of BATTLE MOUNTAIN

Commodities: Gold
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Latest Information
December 14, 2009
International Enexco announced that it has completed 2009 drilling programs on the Loomis Mountain and Hot Pot properties, Nevada, USA. Twelve reverse circulation holes were drilled at Loomis Mountain totaling 2000 meters. The best intercept, in ELM-1, showed an average of 46 ppb gold over 152 meters, with values ranging up to 990 ppb at a depth of 145 meters. At Hot Pot, 3462 meters of core drilling were completed in eleven drill holes. Results are pending.
April 2, 2009
Announcd results of exploration work completed at Hot Pot. The widely-distributed, highly anomalous gold in groundwater identified at Hot Pot, supported by seismic and gravity geophysics suggests that higher values for gold in bedrock than have been discovered to date may still be located nearby. Drilling to date has been wide-spaced and could have easily missed the type of high-angle fault zones that control significant amounts of known gold mineralization elsewhere in the region. The next step is more closely-spaced, shallow, vertical drill holes and/or deeper, angle holes targeted to intersect steeply-dipping, potentially ore-bearing fault zones and favorable potential host rock units.
July 14, 2008
NGE announced commencement of phase II RC drilling. Ten holes of a planned 25 to 30 hole program have been completed. Analytical results for all 10 holes are pending and drilling is scheduled to continue.
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