Thursday, May 5, 2011

Now for the wait on assays for Jiminex

Jiminex is continuing to drill as we speak on their Misehkow River property. This is where they have hit visible mineralization in hole #3 of a proposed 16 hole drill program. They are currently drilling hole #5 and once this is completed they will be moving the drill back to hole #3 to drill in several directions to further define this area of the project.

This is most promising in my opinion, since the Pickle Lake area is a well recognized gold bearing region. There are many known deposits and several million ounces has been mined from this area while containing very similar geologic environment. The Misehkow River Gold Property is located in the famed Pickle Lake gold region of Northwestern Ontario, Canada near to the Pickle Crow Project of PC Gold Inc. The Misehkow River property consists of two closely spaced claim blocks. The west block consists of 47 claims covering an area of 7.5 square kilometres and the east block consists of 213 claims with an area of 34.1 square kilometres. A total of 22.5 kilometres of under-explored iron formation occur on the claim blocks. Iron formation is favourable for gold mineralization in the Pickle Lake and Musselwhite gold mining camps where approximately 7 million ounces of gold has been produced.

The core samples have been sent to the lab for analysis and Jiminex has requested that a rush be put on the returning of the results. At this point we can only wait for the return of assays, which no one has clarified as to what the timeline will be, but judging from some rush assays concerning a non-related company recently waited approx 15-16 days. This is of course not corroborated by anyone, but is just given as an indication of what I would view as probable. For obvious reasons I will be waiting "impatiently", because as the title states - Now for the wait on assays for Jiminex. Best of luck to us all.

As always I really would urge anyone that is interested in this company to do your due diligence. The companies website is, also the contact info for IR is listed on this site. For disclosure purposes I have not received any compensation of any kind for this post. I own shares in Jiminex.

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