BH Sample Results Memo #26

gsminingcompany Assay Reports, Bates Hunter Mine

Bates Hunter Gold Mine
Channel Sample Assays | 500 Level – East Drift
Received 3/12/2021 

On January 21st, February 2nd, and February 26th of 2021, 17 channel samples were cut from the east drift of the 500 level. After adequate utilities and rehabilitation were completed, the drift was cleaned of residual mud and oxidation. Channel samples were cut utilizing a battery-powered angle grinder, chiseled out and collected into sealable sample bags. Additionally, January 21st channel sampling was overseen and guided by Jim A. Paschis to help ensure consistent sampling.

Samples were cut and collected where vein was visible and accessible, heading east from the 500 Level station towards the Becker-Bates shaft. ~6 feet spacing was followed between channels; however, due to faulting and overhead lagging from stopes, there are sections where samples could not be taken.  All the samples were cut from the back, which is overhead. Channels were cut perpendicular to the vein with the exception of one sample, BH500E-010, which was a whole sample of the vein that protruded from the surrounding alteration and host rock.

The samples were sent to Hazen Research, Inc. in Golden, Colorado on March 1st, 2021; where fire assay analysis with gravimetric finish was performed. Results of the analyses are presented in Table 1, from Analytical Report 21M01378.

To view the full report, click on the image. 


This quarterly report may be deemed to contain “forward-looking” statements. We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and we are including this statement for the express purpose of availing ourselves of the protections of such safe harbor with respect to all of such forward-looking statements. Examples of forward-looking statements include, but are not limited to (i) projections of revenues, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure and other financial items, (ii) statements of plans and objectives of ours or our management or Board of Directors, including the introduction of new products or services, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (iii) statements of future economic performance and (iv) statements of assumptions underlying other statements and statements about us or our business.

Our ability to predict projected results or to predict the effect of any legislation or other pending events on our operating results is inherently uncertain. Therefore, we wish to caution each reader of the report to carefully consider specific factors, including competition for products, services and technology; the uncertainty of developing or obtaining rights to new products, services or technologies that will be accepted by the market; the effects of government regulations and other factors discussed herein because such factors in some cases have affected; and in the future (together with other factors) could affect, our ability to achieve our projected results and may cause actual results to differ materially from those expressed herein.