Artha Resources came out today with some solid insight into the key property areas they plan to drill target. The map above shows us the magnitude of the major land holdings all around Silver Standard's Pirquitas mine and multiple targets. So what's our odds of them hitting anything decent ? No one really knows til the drill bit speaks, this is the true nature of playing the grassroots stocks.
But when you break down the areas and define some of the geological terms, several provide some clear evidence that our odds increase,especially when the words " along strike " from the Pirquitas mine appear. Not only that, it is the size of the area. The Noellia Breccia is 1.7 X .8 KM in dimension,that is one nice sized chunk of land ! If we get some decent sniffs on the ground sampling then AHC will attract mucho market attention.
As the PR states:
Follow-up field work lead to the identification of a large tectonic breccia with dimensions of 1.5km x 0.6km. The breccia is hydrothermally altered and is aligned along a NW structural system with NE cross-cutting secondary structures, consistent with the major regional structures which host many of the known deposits in the area.
Considering the dozen or so historical mines since the 30's that dot the area around Pirquitas it would make sense that Noellia has decent potential to host something of value. As noted in the PR, a Priority #1 indeed !
If the map pic does not work, please use this link and see the press release below and there is a map at the bottom that can be blown up.
Over the coming days I will disesct the other drill targets but this is enough to digest for one day.
One more note. As much as the share price action has lagged on this news, I think it is just a matter of time til the Artha story becomes more well known. For those that have followed me over time, you will know I have been very keen on AHC for awhile now and is the most exciting exploration stock I have been invested in for a very long time.
Got Artha ? Stay tuned !
Artha News : www.artharesources.com
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