Caledon Resources - In the hunt of multi million ounce gold projects!

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andy111 - Thu, 01 Jan 04 :

With the expected news very soon, that drilling has started at longtoushan, it will be interesting to see if this statement on the website comes true:-

"In addition, further strongly altered and brecciated intrusives and sediments have been identified in surface gold showings within a 10+ kilometer radius of main mine workings, indicative of a much larger mineralised system than was originally contemplated"

This information has been on the website a few months now, and im 100% positive more field work would have been carried out on the Longtoushan since this was written. Thats why it encourages me that when Donal Douglas was on ADVFN 2-3 weeks ago, he mentioned the size of the Longtoushan project several times, and feels that it COULD be very large.

We will have to wait and see, if it turns out to be a large ore body, but if it does turn out to be, it will fantastic start for the company.


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