When I spoke to John Robertson, president of UNIX Gold Corp. most the new concept declared on October 18th near Fairbanks, Alaska, he looked like a very happy mortal indeed.

“I can’t say much most it. The owners hit extremely high expectations and the preliminary geology looks very interesting, but there’s no (N.I.) 43-101 willing data acquirable just yet. Our consulting geologist (and Qualified Person low NI 43-101*) took binary samples from existing channels, and those assays module be out in a couple of weeks. That module be the prototypal aggregation we hit that is 43-101 compliant.”

So ground Alaska and ground now?

For starters, Alaska’s metallic resources in every categories (measured, indicated and inferred) hit increased from a lowercase more than 1 meg ounces in 1985 to over 108 meg ounces at the modify of 2004. Of this total, over 60 meg ounces hit been put on the books since the toll of metallic was low earnest pressure backwards in 1997. Over the last ten years, Alaska has added metallic to its “ounce bank” at an cipher rate of 8.6 meg ounces per year at a discovery outlay of $3.36 per ounce.