2009-2012 Hy Lake Gold 1000-2000%

an der hinterwälder börse wird sich in can auch nicht viel ändern.

zumindest wird in can wieder was gehandelt. zu schlechten zeiten war da tagelang nix los.

Expert Analysis

The Gold Report Interview with Vikas Ranjan (11/4/11) "Hy Lake's flagship project, called Rowan, is a joint venture with Goldcorp. . .One end of Hy Lake's Rowan project [is located in] the Rowan-NT zone. . .On that zone alone, Hy Lake probably has the potential for more than 2 Moz gold resource. It also just discovered a new breccia corridor on the Rowan Property apart from the main zone. Rowan alone could be a multimillion-ounce deposit. Hy Lake also has three other properties that it thinks are linked as a structure. Its drill results so far are very high grade. Based on the past exploration, we believe it could easily be sitting on 500–600 Koz resource right now, and the exploration potential is very strong. . .On Rowan, for example, the mineralization has an open-pit opportunity, with a 4–5 km strike length. That's a multimillion-ounce deposit potential.

Hy Lake continues to acquire strategic land positions in the area. Last year, it picked up a very strategic claim from Rubicon Minerals Corp. It is pushing ahead with the consolidation strategy and is looking for strategic opportunities to acquire land and expand its exploration potential. . .We believe that the company has plans to move to a bigger stock exchange and we wouldn't be surprised to see it listed on a bigger board soon."

Quelle http://www.theaureport.com/pub/co/473

Hier das komplette Interview :

TGR: Tell us about Hy Lake Gold.

VR: Hy Lake is a smaller-size company in the Red Lake district. It has a market cap of about $7–8 million (M). Not many people know Hy Lake, which I hope will change in coming months.

Hy Lake's flagship project, called Rowan, is a joint venture with Goldcorp. Hy Lake is the operator and owns 60% of the project; Goldcorp is a 40% owner. We understand that Goldcorp is fully committed to participating in ongoing exploration there. For every dollar Hy Lake spends, Goldcorp will kick in $0.40. If I am correct, Hy Lake is the only junior company in that region with a fully earned option with Goldcorp.

Confederation Minerals Ltd. (CFM:TSX.V) is another junior in the area. One end of Hy Lake's Rowan project adjoins its property, in what is called the Rowan-NT zone. A research report on the company from the investment bank Fraser Mackenzie reported that the resource potential on the Confederation side of the Rowan-NT zone was about 1.7 Moz. Confederation only has 1.6 kilometers (km) strike length on that zone. Hy Lake has more than 2 km. On that zone alone, Hy Lake probably has the potential for more than 2 Moz gold resource. It also just discovered a new breccia corridor on the Rowan Property apart from the main zone.

Rowan alone could be a multimillion-ounce deposit. Hy Lake also has three other properties that it thinks are linked as a structure. Its drill results so far are very high grade. Based on the past exploration, we believe it could easily be sitting on 500–600 Koz resource right now, and the exploration potential is very strong.

TGR: Goldcorp's Red Lake mine goes down close to 7,000 meters (m), I believe.

VR: That's correct. Hy Lake has gone down only to 400m. In the last couple of years, Hy Lake spent time getting to know the structure, doing focused drilling. It understands where to go and what to drill. On Rowan, for example, the mineralization has an open-pit opportunity, with a 4–5 km strike length. That's a multimillion-ounce deposit potential.

Hy Lake continues to acquire strategic land positions in the area. Last year, it picked up a very strategic claim from Rubicon Minerals Corp. (RBY:NYSE.A; RMX:TSX). It is pushing ahead with the consolidation strategy and is looking for strategic opportunities to acquire land and expand its exploration potential.

TGR: Hy Lake trades on the Canadian National Stock Exchange (CSNX) and not the TSX Venture exchange. When will it graduate to the big board?

VR: Yes, it is listed on the CSNX, which is one of the reasons not too many people know about it. We have an $0.81 model share price on Hy Lake and it is trading around $0.20. Liquidity is one of the challenges of the CSNX. We believe that the company has plans to move to a bigger stock exchange and we wouldn't be surprised to see it listed on a bigger board soon.

Quelle: http://www.theaureport.com/pub/na/11525

Die gesamte Präsentaion könnt ihr hier downloaden:

www.filejumbo.com/Download/A91F6A16B0E5E276

Super Einblick in das Rowan und Rowan-NT Projekt und man kann sogar bereits hochgradige Bohrkerne sehen ... Viel Spaß!

Hy Lake Gold Fakten bezogen auf die Trenderweiterungen und zugekauften Liegenschaften.

Hier sieht man wie Goldcorp von Ost nach West expandiert ist und Hy Lake von West nach Ost expandiert ist und in der Mitte liegen Rubicons Liegenschaften, an denen sich jüngst Agnico-Eagle beteiligt hat. Die Entfernungen voneinander sind wirklich nah, so dass Hy Lake Gold eigentlich im östlichen Teil seiner Liegenschaften viel, viel Ressourcenpotential haben müsste. Mal abwarten, was die nächste Zeit so bringt.

Nach Börsenschluß die absoluten Bonanza Bohrergebnisse auf Rowan Main Zone !!!

Highlights from the recent 4-hole drilling program include:

• Hole HY-11-58 intersects a 6 meter wide zone of 69.34 g/t gold with three high grade intercepts: 362 g/t gold, 34.50 g/t gold and 16.90 g/t gold, each over a 1 metre width;

• Hole HY-11-59 intersects a 3 meter wide zone of 24.88 g/t gold with 73.6 g/t over 1metre;

• Hole HY-11-61 intersects a 2 meter wide zone of 4.77 g/t gold with 7.76 g/t over 1 metre.

CEO Seitz: We believe there now exists significant potential for a multi-million ounce gold resource on the combined Hy Lake Gold properties.                    

www.usetdas.com/TDAS/NewsArticle.aspx

Da dürfte es morgen einen "kleine" sprung nach oben geben

Hy Lake Gold Inc.: Rowan Main Zones Yield New High-Grade Results

69.3 g/t over 6m including 362 g/t gold over 1m  

Toronto, Ontario CANADA, November 14, 2011 /FSC/ - Hy Lake Gold Inc.  (HYL - CNSX),is pleased to announce drill results from the second of  two targets recently drilled its 60%-owned Rowan Lake Mine property,  held in a Joint Venture with Red Lake Gold Mines, a General Partnership  of Goldcorp Inc. and Goldcorp Canada Ltd. Results from the first target  at the high-grade Rowan-NT Zone were recently released (see news release  of Nov. 3, 2011).

Highlights from the recent 4-hole drilling program include:

* Hole HY-11-58 intersects a 6 meter wide zone of 69.34 g/t gold  with three high grade intercepts: 362 g/t gold, 34.50 g/t gold and 16.90  g/t gold, each over a 1 metre width;
* Hole HY-11-59 intersects a 3 meter wide zone of 24.88 g/t gold with 73.6 g/t over 1metre;
* Hole HY-11-61 intersects a 2 meter wide zone of 4.77 g/t gold with 7.76 g/t over 1 metre.
* A table of significant results from this drilling is shown below.  

The 4-hole, 1,694 metre drill program at Rowan Main Zones focused on  further delineation of a series of several sub-parallel, high-grade  gold zones to the east-north-east of the Rowan Lake Mine shaft. The  drilling program consisted of two pairs of holes, 90 m to the east and  50 m to the north of the 2010 drill locations. The main geological  result of this drilling was the discovery of a second breccia corridor,  intersected by all 4 holes, with striking lithological and structural  similarities to the Rowan-NT breccias (see Figure 1).  

To view Figure 1, click on the link below or paste the link into your browser:  
http://www.usetdas.com/maps/hylake/hylnov2.jpg


This cross-cutting zone of quartz-carbonate breccias, often with  strong sulphide (mainly pyrite and pyrrhotite) mineralization, is hosted  by felsic/mafic/ultramafic volcanics and quartz porphyry. The breccia  corridor is quite wide, ranging from 90 to 250 metres along the hole  trace, and may occur split into several breccia subzones separated by  considerably less deformed units of 10 to 30 metres wide. This compares  favourably with recent results at Confederation Minerals' Newman Todd  property to the south of Hy Lake Gold's Rowan Lake Mine property (see  Confederation news release of November 2, 2011).

During the 2010 drilling, 4 holes drilled within the Rowan Main  Zones structural corridor intersected high grade gold zones (see news  release of October 21, 2010). In addition to intersecting high grade  mineralization within volcanic sequences, on trend with existing veins,  these holes also intersected high grade mineralization within the  sedimentary sequence. This Calc-Silicate Zone (CS Zone), which bears  some characteristics of the Rowan-NT Zone breccias, is believed to be a  new parallel zone to the north of the known Rowan Main Zones vein  systems.  

Although gold mineralization can be found at many intersections  within the breccias, the zones with the highest grades often line up  with the known Rowan Main Zones high grade veins to the west. The  highest grade intercept from this project (362 g/t gold) is on strike  with the Calc-Silicate Zone discovered in 2010 (see Figure 2).

To view Figure 2, click on the link below or paste the link into your browser:  
http://www.usetdas.com/maps/hylake/hylnov3.jpg  

 
Table of significant results
-***-

--------------------------------------------------
Hole                   From(m)     To(m)   Gold(g/t)   Width(m)
--------------------------------------------------
HY-11-58 composite        84.00    90.00       69.34       6.00
--------------------------------------------------
HY-11-58 including        84.00    85.00       34.50       1.00
--------------------------------------------------
HY-11-58 and including    85.00    86.00       16.90       1.00
--------------------------------------------------
HY-11-58 and including    87.00    88.00      362.00       1.00
--------------------------------------------------
HY-11-58 and including    88.00    89.00        1.91       1.00
--------------------------------------------------
HY-11-58 and             112.00   113.00        1.20       1.00
--------------------------------------------------
HY-11-58 and             306.00   307.00        3.99       1.00
--------------------------------------------------

--------------------------------------------------
HY-11-59                  53.00    54.00        1.28       1.00
--------------------------------------------------
HY-11-59 composite       254.00   257.00       24.88       3.00
--------------------------------------------------
HY-11-59 including       255.00   256.00       73.60       1.00
--------------------------------------------------
HY-11-59 and including   259.00   260.00        2.54       1.00
--------------------------------------------------
HY-11-59 and including   401.00   402.00        1.67       1.00
--------------------------------------------------

--------------------------------------------------
HY-11-60 and              54.00    55.00        3.11       1.00
--------------------------------------------------
HY-11-60 and              71.00    72.00        2.20       1.00
--------------------------------------------------

--------------------------------------------------
HY-11-61                  78.00    79.00        1.06       1.00
--------------------------------------------------
HY-11-61 and              84.00    85.00        1.02       1.00
--------------------------------------------------
HY-11-61 composite       411.00   413.00        4.77       2.00
--------------------------------------------------
HY-11-61 including       411.00   412.00        1.77       1.00
--------------------------------------------------
HY-11-61 and including   412.00   413.00        7.76       1.00
--------------------------------------------------
* None of the intersection widths should be construed as necessarily representing a true width of the sampled material.
Weighted average gold intervals apply a 0.25 g/t lower cut-off

-****-

Vadim Galkin, VP Exploration comments: "The 362 g/t gold (more than  11 oz/t gold) intersection is quite impressive by itself yet the  geological implications of the overall drilling results are no less  significant. It seems there two opposing models of gold mineralization  in the Rowan Main Zones area - narrow high-grade subvertical veins on  the one hand and wide high-grade breccia zones with more disperse  (disseminated) mineralization on the other - making a very interesting  and promising arrangement. The Rowan Main Zones high-grade veins are  unusually long (350-850 m) and are often associated with the breccias.  Wide shear zones may serve as conduits for massive volumes of rich,  saturated, gold-bearing fluids resulting in disperse mineralization of  the breccias on-mass with relatively narrow, high-grade gold  concentrations along the main sliding planes where fluid permeability,  due to shearing and dilation, is much higher. The details of the gold  mineralization process and its interplay with the complex deformational  history are yet to be determined but from an exploration standpoint the  drilling results, and associated depth potential, are very exciting."

Hy Lake Gold President and CEO Robert Seitz added: "The geological  model that is emerging for Hy Lake Gold's Rowan-NT Zone may likely be  extended to the Rowan Main Zones area - and vice-versa - the Rowan Main  Zones high-grade vein model may be logically incorporated into Rowan-NT  Zone breccia model. Among the significant implications of such a  combined model is the potential for an additional 2 kilometres of  high-grade strike length along this east-west limb of the Rowan Main  Zones mineralized corridor. The western on-strike extension of the  structure, onto the Mount Jamie Mine property, implies an open  exploration horizon of a further 3 kilometres. The potential for a 7  kilometer strike length of high-grade mineralized structure, aligned  along a major regional deformation corridor, is a very exciting  prospect. This is all the more interesting when you extrapolate the 1.7  million ounce resource estimate calculated by Fraser Mackenzie Limited  (see Equity Research Report of April 28, 2011) in their report on  neighbouring Confederation Minerals' 2 kilometer potential strike length  of the Newman Todd Structure to the south-west of the Rowan-NT Zone. We  believe there now exists significant potential for a multi-million  ounce gold resource on the combined Hy Lake Gold properties."